Bank Statement Program

Justin MillerConventional Loans

We now offer a program for self-employed borrowers where you can use bank statements in lieu of tax returns.  Here are some of the guidelines:

  • Borrowers must be self-employed for at least 2 years.
  • Business must be in existence for at least 2 years.
  • Standard Tradelines and a 12-month housing history are required.
  • All parties listed on each bank account must be included as borrowers on the loan.
  • Statements must be consecutive and reflect the most recent months available.
  • Statements must support stable and generally predictable deposits. Unusual deposits must be documented.

Call us today to find out more!