Bank Statement Loans

One of our popular mortgage programs for self-employed individuals is the 12-month Bank Statement mortgage program. Our Bank Statement program is available up to 90% Loan-to-Value (LTV) for purchase transactions. Our programs accommodate borrowers with one late payment in the past 30 days and up to 12 in the past year, ensuring that your financial past doesn’t hinder your future. We also offer cash-out refinancing up to 80% LTV, with FICO scores starting at 660, making our services accessible to a wide range of clients, including first-time homebuyers.

  • Purchase Money & Rate/Term Refinance up to 90% Loan-to-Value (LTV)
  • One late payment in the past 30 days and up to 12 in the past year allowed
  • Cash-out up to 80% LTV
  • FICO scores starting at 660
  • First-Time Homebuyer (FTHB) allowed
  • 80% LTV for condos & 2-4 unit properties
  • Declining markets are allowed
  • Loan amounts up to $3 million
  • Qualify with 12 Months bank statements
  • Minimum 25% business ownership required
  • 30 Year fixed rate option available
  • 30 & 40 year fixed interest-only options available
  • Cash-out for reserves is acceptable

Our mortgage solutions extend to various property types, including condos and 2-4 unit properties, with up to 80% LTV. We understand the challenges of declining markets and are prepared to work with you to find the best financing options. With loan amounts up to $5 million and the ability to qualify using 12 months of bank statements, we cater to both seasoned investors and those with a minimum of 25% business ownership. Our 30-year fixed rate and 30 & 40-year fixed interest-only options provide long-term stability and flexibility, while cash-out for reserves is also acceptable.

Contact us at your earliest conveyance and we’ll connect you with a loan officer who can go over the 12-month bank statement program in greater detail.

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