Alternative Bank Statement Income Qualified Based on Bank Deposit Analyzation

Business or Personal account OK Including Co-mingled accounts; Multiple Bank Accounts - OK

No Tax Returns. Business Tax Returns, Not Required. Personal Tax Returns, Not Required 4506-T Form Not Required

Numerous Ways to Calculate Bank Statement Income

Flexible Self-Employed Stated Expense Ratios down to 20%

 Maximum Loan Amount $4,000,000

  • Maximum Cash Out $750,000. Use Cash Out for Reserves
  • Maximum DTI 55%
  • Maximum LTV 90%
  • Minimum Credit Score 600

Occupancies

  • Primary
  • Owner Occupied
  • Second Home
  • Non-Owner-Occupied
  • Multi-Unit Investment

Eligible Vesting

  • C and S Corps, LLC's, Partnerships

Property Types

  • SFR, Townhome, 1-2 Units, 2-4 Units, Condos and Non-Warrantable Condos

Terms

5/1 ARM, 7/1 ARM, 10/1 ARM, 30 Year Fixed with Interest Only

Other Alt Doc, Reduced Doc, and Lite Doc Options Available

  • 1099 Only
  • Investor Cash Flow DSCR
  • Asset Qualifier
  • Asset Distribution

 

States:

Alabama | Arizona | California | Colorado | Connecticut | Florida | Georgia | Hawaii | Illinois | Indiana | Kansas | Kentucky | Maine | Maryland | Massachusetts | Michigan | Minnesota | Nevada | North Carolina | Oregon | Pennsylvania | Rhode Island | South Carolina | Tennessee | Texas | Utah | Virginia | Washington