Bank Statement Programs

Adding up your Qualified total deposits from Personal and Business Bank statements may be used as an alternative to tax returns to document a self employed borrower’s to represent income.

Product Features

• Max DTI 50%
• No 4506-C or tax returns required
• Can use personal or business bank statements for qualifying
• 100% gift funds allowed on Primary and 2nd Home
• Non-QM waiting periods on negative credit events
• P & I reserve on the subject property only
• At least one of the borrowers must be self-employed
  for at least 2 years (25% or greater ownership) to
  qualify for this program.

** Primary and Second Home Properties Only! Only 1-unit properties are allowed on Second Home transactions.