Bank Statement Loan Program. Our Bank Statement Loan Programs are a perfect fit for self-employed borrowers who prefer to use business or personal bank statements to document their income instead of tax returns.
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Bank Statement Mortgage program is only for self employed borrowers. This program is ideal because while most self employed borrowers earn a solid income, they show a smaller net income on their tax returns. Our team is well versed in these loans and placing the borrowers where they can get the optimal loan to fit their needs.
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Particularly for the self-employed, Impac Mortgage Corp. Correspondent’s AltQM Income bank statement program is ideally tailored to these circumstances. Contact an Impac Mortgage Corp. Correspondent Relationship Manager at 888-850-0259, option1, for more information about our AltQM Income bank statement program.
Bank Statement Program What is a Bank Statement Loan? If you have a solid history of financial responsibility and strong credit rating, but you haven’t been able to get traditional home financing due to your income, the bank statement program at CrossCountry Mortgage, Inc. can help you qualify to buy a home or refinance a loan.
Ask about our bank statement program which eliminates the use of tax returns and we just use the deposits in your bank account to calculate income. (800) 535-0270.. *Registered Mortgage Broker – New York State Department Of Financial Services – All Mortgage Loans Are Arranged Through.
You can check your score using programs such as Equifax (NYSE. and submit forms such as past pay stubs, W-2 forms and bank statements. double-check The Origin Date Of The Mortgage The origin date.
12-Month Bank Statement Program. Citadel Servicing offers a 12-Month Bank Statement Loan Program. Borrower Employment Types: Self-employed; 1099 Must provide business license, Tax Preparer’s letter or corporate paperwork. Citadel Servicing will accept Personal or Business Bank Statements. However, qualifying income will be calculated differently.
Bank statement mortgages help self-employed business owners and entrepreneurs qualify for a new home loan or refinance an existing mortgage using personal and business bank statements instead of tax returns. Find out what documentation you’ll need to get started and how to qualify.