Have a self-employed client who has had difficulty obtaining a mortgage?
- No Tax Returns Required
- Personal Bank Statement qualified based on 12 or 24 month average monthly deposits**
- Business Bank Statement qualified based on 12 or 24 month average monthly deposits**
- Loans to $3 Million
- Interest Only Available*
- 2 Years Seasoning for foreclosure, short sale, bankruptcy, deed In lieu
- Owner-Occcupied, 2nd homes, investment properties allowed
- Non-warrantable condos considered
- Gift funds allowed
- No pre-pay penalty for owner-occupied and/or 2nd homes
- SFRs, town homes, condos, 2-4 units
*Interest-only options will not be available in all states. Please contact your lma for more details. These products may have a higher interest rate, more points or more fees than other products requiring documentation.
**Verification of expense ratio required from CPA