Bank Statement Loans
Designed for self-employed borrower that do not report sufficient income on tax returns to qualify for the mortgage loan requested.
- No tax returns required
- Valid for primary, 2nd or investment property purchase and refinances
- 12 or 24 months statements to qualify (must be in business at least 12-24 months)
| Maximum LTV (Loan-to-Value) | 90% on primary residence, 80% on refinance cash out |
| Minimum FICO score required | 620 |
| Loan amounts | Up to $4,000,000 |