Bank Statement Mortgages
Qualify with Only 12 Months
Personal or Business Account Statements
Or 1 Year 1099 Statement
LOWEST COSTS AND RATES
CALL ANYTIME TO DISCUSS YOUR SCENARIO
No tax Returns Required
Credit scores Starting at 640
Up to 90% Loan To Value Determined by Credit Scores
Only 12 Months Bank Statements (Personal or Business)
Loans up to $5 million
Owner-Occupied, Second Homes and Investment Properties
Loans for Purchase, Refinance and Cash-Out
30 Year Fixed or Interest Only Mortgages
You Must Be Self Employed for at Least 2 Years
How We Determine Your Monthly Income
We use 12-24 months of Total Deposits (no refunds counted) to your Bank Checking Account - Only one account will be used. That total is divided by 12 or 24 to determine the qualifying monthly average.
For Personal Accounts use 100% of the qualifying deposits - - no deductions for expense ratio.
For Business Accounts use up to 70% of the deposits depending on type of Business. The remaining is Considered your Income for Qualifying.
For 1099 Income Use Total 1099 Income plus YTD Income less business expense ratio.
How Much Can I Be Approved For?
You will be qualified for up to 50% total debt to your income. We count the new mortgage payment, insurance and taxes and all minimum credit payments for credit cards, car loans, student loans etc.
You Will Need to Have at Least 6 Months of Reserves
How You Can Get Pre-Approved?
Call or Text Today if you have Any Questions (772) 321-7377
Click Apply Now and fill out the Complete Application - It's Fast and Easy.