About BankStatementMortgage.com
In the ever-evolving landscape of real estate financing, BankStatementMortgage.com stands as a trusted informational online source operated by MortgageDepot, a Florida-based mortgage brokerage NMLS 2246769. Our mission is simple: to provide innovative bank statement mortgage solutions for individuals whose unique financial situations may not align with traditional lending standards. Through a diverse range of bank statement programs, we empower our clients to achieve their mortgage financing goals with confidence. We offer several bank statement mortgage programs, some of our most popular are listed below.
The 24-Month Bank Statement Program:
Designed for self-employed and high-net-worth individuals, our24-Month Bank Statement Program is an ideal Non-QM (Non-Qualified Mortgage) solution. This program acknowledges that not everyone can document their income through traditional tax returns. Instead, we allow borrowers to utilize 24 months of both business and personal bank statements to substantiate their financial stability.
The 12-Month Bank Statement Program:
Our 12 Month Bank Statement Program offers another avenue to self-employed borrowers. It features a minimum down payment requirement and 12 months of bank statements for qualifications. With a seasoning period of 2 years for foreclosure, short sale, bankruptcy, or deed in lieu, this program provides flexibility for those who have experienced past financial setbacks. Borrowers can access loans up to $5 million, making it suitable for various property types and investment goals.
The 3-Month Bank Statement Program:
For those seeking a shorter track record of financial stability, our 3-Month Bank Statement Program is a valuable option. This program requires a minimum down payment of 25% and accepts only 3 months worth of bank statements. With a seasoning period of 2 years for certain financial events, it provides an accessible path to homeownership. Works for both owner-occupied, second-home, and investment properties.
Second Mortgage Program:
Our Second Mortgage Program is designed to accommodate the unique needs of borrowers looking to pull equity from their property without having to refinance their first mortgage probably fixed at a low rate. These programs offer solutions for various scenarios, including debt consolidation, home renovations, or managing unexpected life events.
Our Commitment to Empowerment
We understand that borrowers often don’t fit into the traditional lending mold, and that’s where we shine. Our team is dedicated to simplifying complex financial transactions, providing guidance, and offering a seamless digital experience.
