We offer Bank Statement Mortgage programs specifically to help entrepreneurs, business owners, and independent professionals qualify based on their actual cash flow shown in their bank statements.
Our Bank Statement Mortgage program allows you to use either business or personal bank statements to verify income. We primarily review 12 months of deposits to calculate your average monthly income, giving you a fair, accurate, and flexible way to qualify for the property in question.
Program Details:
- Loan amounts up to $4MM
- Up to 90% LTV
- DTI ratios up to 50%
- Bank statement expense ratios down to 10%
- Interest-Only options available with 30- or 40-year terms
- Multiple qualification options using business or personal statements
- All occupancy types allowed – primary, second homes, and investment properties
Our website name says it all, we know how to finance borrowers who are self-employed using 12 or 24 months of bank statements. The 24-month option often comes with a lower interest rate. We’re here to help, contact us.
