Mortgage News

This program is designed for borrowers who are self-employed and would benefit from alternative loan qualification methods. Bank statements (personal and/or business) may be used as an alternative to tax returns to document a self-employed borrower’s income


1- At least one of the borrowers must be self-employed for at least 2 years
2- Borrower has 25% or greater ownership of the company
3- The max DTI is 50%
4- Documents:
● 12/24 bank statement to calculate income
● CPA letter


1- No 4506-C/tax transcripts/Tax Returns or any income documents
2- The Max LTV is 80%
3- The Min Fico is 600
4- The base rate is 3.125%
5- Max Loan amount is $4,000,000.00

Post time: Jan-21-2022