Unconventional Mortgages and Loans (800) 718-8906

Unconventional Mortgages and Loans

Customer Service: (800) 718-8906

Bank Statement Loan Options for Self-Employed

Self-Employed Borrowers: Personal Bank Statements, Business Bank Statements and Comingled Bank Statement Accounts

Bank Statement Alt Doc Options Available – 2023 Updates

We calculate your monthly income number (DTI purposes) before your loan is submitted to the underwriter based on either your previous 3 months, 6 months, 12- or 24- months bank statements. Saves time because it will be a clean loan, the way the underwriter likes it. Quicker turn times and happy borrowers. Interest rates are always important. Service is key. Mortgages can come with a lot of moving parts.

* 20% Minimum Business Ownership Required

* Gift Funds OK with 5% Borrower Contribution

* One Year Business History Required

Eligible Property Types:

* Single Family Residences (SFR) (attached and detached)

* 2 Units

* 3 Units

* 4 Units

* Condos

* Non-Warrantable Condos (70% Max LTV)

Eligible Occupancies:

* Primary / Owner-Occupied

* Second /Vacation Homes

* Investment Properties

* ADU OK (5% LTV reduction) First Time Investors

Investor Service

First time investors can be eligible with no previous housing expense (rental history/mortgage payment) for the previous 12 months.

Rent free (no current housing expense (10% LTV reduction 680 credit middle score)

Available in the Following States:

Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin.

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Mortgage Lending