Self-Employed Home Purchase and Refinance Options using Bank Statement Deposits to establish Your Monthly Qualifying Income.
Bank statement programs are great for people who are self-employed, business owners big and small, 1099 contractors, CPA's, DBA's, PA's just to name a few.Below is a snapshot of some highlights and features.
- Up to 90% LTV
- 150,000 to 7 Million
- Business bank statements and personal bank statements permitted
- Borrower does not have to be 100% owner of the business
- Tax Returns or 4506 not required to qualify
- No MI and No Prepayment Penalty
- P&L statements NOT required on most programs
- 30 year Fixed and 5/1 and 7/1 ARM’s
- Competitive rates starting … [Read more...]