Recently, we successfully closed a bank statement purchase in just three weeks, showcasing our commitment to speed and precision. This particular transaction was located in the beautiful city of Boca Raton, FL, and involved a substantial loan amount of $2,300,000.
Our approach was unique and effective. Instead of relying on a traditional CPA letter, we utilized corporate documents to verify both the percentage of ownership and the existence of the business. This method not only expedited the process but also ensured accuracy and reliability. Additionally, we facilitated the funds-to-close from a separate business account by meticulously verifying proof of ownership and cash flow, ensuring a seamless transaction for our client.
Loan Details
– Location: Boca Raton, FL
– Loan Program: 12-Month Business Bank Statements
– Loan Amount: $2,300,000
– Transaction Type: Purchase
– Property Type:** Owner Occupied Single-Family Residence (SFR)
– Loan-to-Value (LTV): 75%
– Credit Score: 748
– Loan Term: 30-year fixed
This transaction highlights our expertise in handling complex financial scenarios with ease and efficiency. Our team is dedicated to providing personalized solutions that meet the unique needs of each client, ensuring a smooth and successful mortgage experience.
Reach out to us to price out your scenarios.
