Self-Employed Borrowers
Our Investor Bank Statement Loan program caters to borrowers who thrive outside the conventional lending box. As a portfolio direct lender, we make our own Non-QM and Non-Prime manual underwriting decisions, offering flexibility and real-world judgment rather than rigid, automated approvals. Some portfolio lenders also operate as banks, lending both their own capital and through established portfolio commitments.
Major credit events or recent mortgage payment issues don’t always prevent a borrower from qualifying. This program offers flexible underwriting with common-sense credit evaluation, allowing underwriters to consider the complete financial profile rather than relying solely on automated approval systems or rigid credit score requirements.
Credit Flexibility & Underwriter Discretion
- Major credit events: Only 2 years seasoning required
- Mortgage late’s allowed:
- Up to 3×60-day lates within 24 months (including rolling lates)
- Up to 3×30-day lates within 12 months (including rolling lates)
- Borrowers are reviewed as individuals—not just numbers
Some borrowers have unique financial profiles that don’t align with traditional lending guidelines. This program is designed to accommodate a broader range of qualified applicants through flexible underwriting standards, making it a practical solution for borrowers who may not fit conventional or standard Non-QM loan programs.
Niche Lending Solutions
- Credit scores as low as 600 accepted
- Minimal tradeline requirements (manual underwrite)
- Ideal for unique borrower profiles who may not fit standard Non-QM programs
LTV / Loan Amount / FICO Matrix
| LTV | Max Loan Amount | Min FICO |
|---|---|---|
| 90% | $3,500,000 | 660 |
| 85% | $2,500,000 | 640 |
| 80% | $3,000,000 | 650 |
| 75% | $3,500,000 | 680 |
| 70% | $4,000,000 | 700 |
This program offers multiple alternative income documentation options for self-employed borrowers, business owners, independent contractors, and other non-traditional wage earners. Rather than relying solely on tax returns, borrowers may qualify using bank statements, 1099 income, or eligible assets, providing greater flexibility for a wide range of financial situations.
Income Documentation Options
- 12 or 24 Months Personal or Business Bank Statements
- 1099-Only for Sole Proprietors / Independent Contractors
- Flexible expense factor based on business type & model
- Asset-based income features available for higher LTVs and loan amounts
- Cash-out available up to $2,500,000
Maximum DTI Ratios
- 55% up to $2,500,000
- 50% up to $3,000,000
- 43% up to $3,500,000
- 38% up to $4,000,000
Eligible Property Types
- Single-Family Residence (SFR)
- 2-Unit: Max $2,500,000 loan amount
- 4-Unit: Max $2,000,000 loan amount
Occupancy Options
- Owner-Occupied / Primary Residence
- Second Homes up to 85% LTV
- Non-Owner-Occupied / Investment
Available Terms
- 15-Year Fixed – Interest-Only Available
- 30-Year Fixed – Interest-Only Available
- 40-Year Fixed – Interest-Only Available
Additional Highlights
- Non-Permanent Resident Aliens Accepted
- Non-Occupant Co-Borrowers Allowed
- First-Time Buyers Welcome
Available in the Following States:
Alabama, Arkansas, California, Colorado, Connecticut, DC, Delaware, Florida, Georgia, Hawaii, Iowa, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.