The Ideal Solution for Self-Employed Borrowers
If you’re self-employed or a business owner, you know how challenging it can be to qualify for a conventional mortgage. Lenders often require tax returns and W-2s, which may not accurately reflect your true income due to deductions and business expenses. That’s why we offer the Bank Statement Mortgage Program.
We specialize in helping self-employed individuals and entrepreneurs secure financing without providing tax returns. Our Bank Statement Mortgage Program offers a mortgage financing solution to meet your financial situation.
What Is a Bank Statement Mortgage?
A Bank Statement Mortgage is a loan program that allows borrowers to verify income using bank statements instead of tax returns. This program is ideal for self-employed borrowers, freelancers, and business owners with strong cash flow but limited income as reported on their tax returns. We would average 12 months’ worth of deposits and come up with an income amount that we can use to qualify you for a mortgage loan.
Key Features of Our Bank Statement Mortgage Program
- No Tax Returns Needed – Qualify without submitting tax returns or W-2s.
- 12 Months Bank Statements – Use 12 months of personal or business bank statements for income verification.
- High Loan-to-Value (LTV) Ratios – Up to 90% LTV depending on your credit score.
- Large Loan Amounts – Borrow up to $3.5 million.
- Personal or Business Bank Statements
- Use personal bank statements without being self-employed.
- Use business bank statements if you are self-employed.
If your income is strong but your tax returns don’t tell the full story, this bank statement mortgage program is for you.
Contact us and see how easy it is to qualify for a mortgage using just your bank statements.
