Self-Employed Borrowers Have More Options With Angel Oak

Many self-employed homebuyers wanting to purchase or self-employed homeowners wanting to refinance are often worried about qualifying using their tax returns.

This is because the income reported on tax returns is reduced after allowed tax deductions are factored in. This could mean that you might not qualify for a loan amount or home that you can afford.

The solution for those who are eligible could be a Bank Statement loan!


How Does A Bank Statement Loan Work?

– Qualifies using 12 or 24 months personal or business bank statements
– Tax returns are not required
– Loans up to $3 million
– Second homes? Yes!
– Non-owner occupied investment properties? Yes!
– Must be self-employed for at least two years
– Allows two years out of foreclosure, short sale, bankruptcy, or deed-in-lieu


If you are self-employed and need a home loan call us today!