Bank Statement Loan Program for Self-Employed Borrowers
Our programs are designed to simplify financing for self-employed and 1099 borrowers by using 12 months of bank statements instead of traditional tax documents. No 1040s, 1120s, K1s, IRS transcripts, or 4506-Ts are required, offering a hassle-free qualification process.
Underwriter Guideline Highlights:
* Up to 90% LTV for Purchases and 85% LTV for Cash Out Refinances
* Loan Amounts as High as $4,000,000 With a Minimum 600 FICO
* No Mortgage Insurance (MI) and No Reserves Required For ≤ 75% LTV
* Ideal For Self-Employed Borrowers Seeking Flexible, Efficient Mortgage Solutions.
Available in the Following States:
Arizona, California, Colorado, Florida, Georgia, Hawaii, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Mississippi, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, and Washington.