Bank Statement Home Loan Program

What is a Bank Statement Mortgage?

With a bank statement program, homebuyers can verify their income directly from their bank statements. This loan does not require traditional qualification documents such as tax returns and W-2s. Because self-employed borrowers frequently have significant tax write-offs, it might be difficult for them to present acceptable proof of income for this sort of loan. A borrower's eligibility for a bank statement loan can be determined using either personal or business bank statements.

Self-Employed Borrowers Welcome

If you are self-employed and have good credit but have been turned down for a home loan in the past, our Bank Statement program may be the answer.

We offer self-employed borrowers...

• Loans up to $3 million with a minimum of $150,000
• Up to 85% LTV
• 12 or 24 months business or personal bank statements
• Borrowers can own as little as 50% of the business for business bank statements and 25% for personal bank statements
• Credit scores starting at 680
• Rates are 30-year fixed
• Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
• No tax returns required
• Two years self-employed required
• 1099 option available
• Purchase and cash-out or rate-term refinance
• Owner-occupied, second homes and non-owner occupied
• Non-warrantable condos OK 

APPLY NOW

*Loan must close in borrower’s name if the business is a Limited Liability Corporations (LLC). One-month bank statement qualification not permitted.