Bank Statement Loan for the Self-Employed Borrower

What is a Bank Statement Loan?

A bank statement loan is a relatively new loan for the self-employed borrower. Instead of qualifying with your tax returns and W2’s, you qualify with bank statements as proof of income! The most common borrower that benefits from the bank statement loan is a self-employed borrower. 

What are the requirements for getting a Bank Statement Loan?

  • Up to 50% DTI  (higher with exception)
  • As low as 10% Down Payment.
  • Up to $2,000,000 Loan Amounts.
  • Minimum Loan Amount $200,000.
  • Minimum Credit Score 660
  • Purchase or Refi.
  • Primary residence / 2nd Home / Investment Property.
  • No PMI.
  • 30 Year Fixed or ARM Rates.
  • 12 or 24 Months Bank Statements.
  • Personal or Business Bank Statements can be used for income.
  • Must be Self Employed for at least 2 years.
  • No tax return requirements or filing required.

Comparing Current Bank Statement Mortgage Rates

Finding the lowest Bank Statement mortgage rates is very important, that’s why we’ve already searched them for you, getting the lowest rate possible could save you hundreds of dollars a year and thousands of dollars over the life of your loan. Yes, having us find you the best mortgage rates is a big deal.

Current Bank Statement Mortgage Rates

When you “CLICK HERE” you’ll instantly see today’s lowest Florida jumbo mortgage rates. If you see an interest rate you like, you can click to head straight to get your custom rate quote.

Our reviews speak for themselves.

Expert advice at your fingertips

Our home loan experts are available 7 days a week to answer all your home loan questions. We don’t keep bankers hours…. we understand that you have busy schedules, that’s why we’re available nights and weekends.

Eddie Hoskins Founder & CEO

“My mission is to give our clients their most enjoyable home buying experience, I’m focused on making sure there process is simple.”

Why should you choose us for your home loan?

We work for you & not the bank, we offer wholesale mortgage rates which are lower than retail rates not to mention, we offer a wide variety of loan options so your not stuck with one set of restrictive underwriting guidelines.

Credit scores a little low?

We have a credit score analyzing tool that can provide us with options to improve your credit scores quickly through a rapid credit rescore that usually takes 48 hours.

“We Think Outside The Box”

Our “Outside The Box Thinking”  gets home loans approved and closed every day! From one-year business tax returns loans to 55% debt to income ratio approvals, we close them all.

We’ve streamlined the mortgage process, close in 30 days or less.

From application to closing, all from the palm of your hand.

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