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90% LTV – $1,500,000 – 4 Months Reserves

Self-Employed Borrowers – Forms 4506-T / 4506-C Not Required

This Alt Doc Home Loan program allows you to qualify using bank statements, providing a flexible solution for millions of self-employed Americans, making homeownership more accessible for those who do not or cannot use their traditional income documentation.

Full Income Documentation Alternative – Bank Statements

With our program, you can qualify using bank statements, making it easier for self-employed people to obtain reasonable mortgage financing.

Alternative Income Documentation for Self-Employed Borrowers

Self-Employed borrowers do not want to provide Full Doc income documentation to qualify for a mortgage. Moreover, do not want to sign IRS Form 4506-C for federal tax transcripts.

12 Months and 24 Months Bank Statements – Tax Returns Not Required

Explore our Jumbo niche loan program, designed specifically for self-employed borrowers seeking alternative income documentation loan programs for their next home purchase or real estate investment.

Full Income Also Available – DTI (Debt-to-Income Ratio): 55%

Matrix: Credit Scores/ Loan Amounts/ Transaction LTVs

Credit ScoreLoan AmountPurchase & R/T RefinanceCash Out RefinanceMonths Reserves
640$1,500,00090% LTV85% LTV4 Months
650$2,000,00090% LTV85% LTV6 Months
660$2,500,00085% LTV80% LTV6 Months
670$3,000,00080% LTV75% LTV9 Months
680$4,000,00075% LTV70% LTV12 Months
690$5,000,00070% LTV65% LTV18 Months
700$5,000,00065% LTV60% LTV Months
710$1,500,00085% LTV80% LTV6 Months
720$2,000,00080% LTV75% LTV6 Months
730$2,500,00075% LTV70% LTV9 Months
740$3,000,00070% LTV65% LTV9 Months
750$4,000,00065% LTV60% LTV12 Months
760$5,000,00055% LTV50% LTV18 Months

Eligible Property Types:

  • Single Family Residence
  • Condo (non-warrantable condo maximum loan amount – $2,000,000)
  • 2-4 Units – Maximum LTV – 85%

Eligible Occupancy Types:

  • Owner-Occupied
  • Non-Owner-Occupied
  • Non-Owner-Occupied
  • Condo (non-warrantable condo maximum loan amount – $2,000,000)
  • 2-4 Units – Maximum LTV – 85%

Underwriter Notes & Credit Notes:

  • DTI (Debt-to-Income Ratio): 55%
  • Interest-Only Available
  • $5,000,000 Maximum Loan Amount
  • 640 Minimum credit score
  • No mortgage lates allowed in the previous 24 months
  • Housing Credit Event Seasoning 36 Months (Bankruptcy, Foreclosure, Short Sale, Loan Modification)
  • Minimum tradelines 2 open and active minimum of 12 months
  • Cash-Out – No Limit
  • Maximum CLTV (outside second) – 95% CLTV (Combined-Loan-to-Value)

Terms Available: ARM’s: 5/1 LIBOR, 7/1 LIBOR, Fixed Rate, 30 Year Fixed, 15 Year Fixed, Interest Only – 120 Month Term

Available in the Following States:

Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, North Carolina, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Washington.

Reference # 541 052218 10-13-1-3