Correspondent

Bank Statement Mortgage Program

Mortgage Solutions for Self-Employed Borrowers

  • 24 months Business & Personal bank statement options
  • 2 year self-employed history required
  • Loan amounts $150K up to $3 million
  • Fico 660+
  • DTI up to 50%
  • Up to 85% LTV/CLTV on Personal & Business
  • 4 years seasoning for foreclosure, short sale, bankruptcy, or deed-in-lieu
  • Cash-out can be used to meet reserves
  • 30yr, 5/1 & 7/1 arm options
  • Owner-occupied, 2nd homes, & investment properties
  • Non-warrantable condos considered