Bank Statement
Our bank statement program is ideal for people who are self-employed. Our team saves you time by reviewing statements, analyzing deposits, and calculating income for submissions so you can close more loans.
- Up to 90% LTV, no MI
- 600+ FICO scores
- 12 month personal bank statements
- 12 or 24 month business bank statements (must own at least 25% of the business over the past 2 years)
- Credit events OK one day after settled
- Loans to $3 million
- DTI to 55% considered
- Owner-occupied, 2nd homes, and investment properties
- Interest-only available
- 2 years self-employed required
- No tax returns required
Investors ONLY NO INCOME, VERIFIING Assets
- Debt Service Coverage Ratio SCR’s
- No employment information required
- Unlimited cash-out to 65% LTV
