Qualify on a Lite Doc - 12 Month Bank Statement Program | Forms 4506-T and 4506-C Not Required

12 Month Average Gross Deposits (AGD) in lieu of Traditional Income Documentation. New for 2022 is updated 3 month and 6 month bank statement programs. 

Self-Employed Borrower's Only

  • Purchase - 15% Down Payment to $650,000 loan amount
  • R/T Refinance - 85% LTV. Cash Out - 80% LTV - $500,000 maximum cash out (cash-in-hand), not including proceeds applied to consolidate debt, "debt consolidation mortgage program"
  • Jumbo Loan Amounts to $4,500,000

Traditional Bank Statement Loan Alternative: In addition to Bank Statements,1099's can be used without the 1040 or Schedule C. We can add this income to the over-all income that will be accepted and considered more like a Full Income Documentation Program which will produce Full Doc pricing

Credit Notes

  • Credit Score 680 Minimum Middle for all Borrowers
  • Bankruptcy Discharge Seasoning Requirements - 2 Years Seasoning Required for Chapter 7
  • Seasoning Required for Chapter 13 Bankruptcy
  • Foreclosure Discharge Seasoning Requirement - 4 Years Seasoning Required
  • Loan Modification Complete (yeah, right. Lose your Paperwork, did they?)- 3 Years Seasoning Required

Available Terms

  • 5, 7 and 10 year ARM's and 15 year fixed
  • Balloon note at ARM maturity or option to roll into an equity line

Owner Occupied only

Property Types

  • SFR
  • Second Home
  • 1-4 Unit Properties


Get pre-qualified without a credit check


Available in the following states:


Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Jersey, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, Wisconsin, and Wyoming