Self-employed borrowers

Program Spotlight: Cash Flow Mortgage Program for Self-Employed Borrowers

Self-employed and having 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 24 month average monthly deposits**
– 620 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 or 30-year fixed
– 2 Years Seasoning for Foreclosure, Short Sale, Bankruptcy, Deed In Lieu
– Owner-Occupied, 2nd Homes, Investment Properties allowed
– Non-Warrantable Condos Considered
– Gift Funds Allowed
– No Pre-Pay Penalty for Owner-Occupied and/or 2nd Homes
– SFRs, Townhomes, Condos, 2-4 Units
– DTI Above 35/43 Considered with 660+ Credit Score

*Interest-only options will not be available in all states. Please contact your lma for more details.
**Verification of expense ratio required from cpa

Learn more about the Angel Oak Home Loan mortgage programs