Bank Statement Program

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!