Bank Statement Loans
Business Owners Now Have An Opportunity To Get A Home Loan Regardless Of their Write-Offs
- No Tax Returns Required
- 600 Minimum Credit Score
- Up to 90% LTV (No MI) allowed on Personal and Business
- Loans to $3 Million (Minimum $150,000)
- Interest Only Available*
- 5/1 ARM, 7/1 ARM or 30-year fixed available
- Owner-Occcupied, 2nd homes, investment properties allowed
- Non-warrantable condos considered
- Gift funds allowed
- SFRs, town homes, condos, 2-4 units
- DTI above 40/50%
- Purchase or Refinance (No Home Equity Loans)
- No pre-payment penalty if qualified for our platinum program. If not qualified for Platinum, pre-payment only on investment properties & 2nd homes
- Cash-Out Refinance allowed
- 2 Years Seasoning for foreclosure/deed In lieu. Short sale - no seasoning if paid as agreed through sale date
- Ch. 7 - two years from discharge. Ch. 13 - 2 years from filing date if paid as agreed & discharged prior to application
- Personal Bank Statement qualified based on 12 month average monthly deposits**
- Business Bank Statement qualified based on 24 month average monthly deposits**
If you are ready to apply for a Bank Statement loan Today, or you simply have some questions you would like to ask, we are standing by to help you. You can call me today at 760-297-3087 or email me at rsabbara@mortgageoptionsfunding.com. Or click the link below and apply on line.