Bank Statements As Income For Self-Employed Borrowers
A Mortgage Built for Self-Employed Borrowers
Have you heard? Bank Statement Mortgages are making a comeback!
What is a Florida Bank Statement Mortgage Loan?
The most common borrower that benefits from the Bank Statement Loan programs is a self-employed borrower. … They enable the self-employed borrower to provide the Lender with 12 or 24 months of bank statements that show the regular receipt of income. This gives the lender an idea of what you can afford.
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 $300,000.
- 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.
Why Should You Choose Us For Your Jumbo Home Loan?
- We can use One-Year Tax Returns or Asset-As Income.
- We work for You & Not the Bank.
- We have Low 30 Year Fixed & ARM Jumbo Rates.
- “We Think Outside The Box“
- Our E Zip Mortgage Gets loans Closed Fast (as little as 21 days).
- We can do a Piggyback 2nd Mortgage to help get your loan approved.
First Florida Financial was highly recommended by a friend to help with a complex home sale. Eddie and his team found solutions quickly that no other mortgage experts could develop. I closed quickly with no...read more→
Very easy and organized the best mortgage experience I've ever had. Tim was on point and what to do and right on schedule with everything. I would definitely work with them again anytime. Thank you.
Dealing with First Florida Financial was truly a great experience. Eddie got back to me immediately in the early stages of the loan and got the ball rolling quickly! After our initial conversation, I felt...read more→
Applying for a loan is extremely stressful but my experience has been amazing. Eddie always puts the client's interest first and is extremely honest and respectful. He is of unparalleled caliber and authenticity. He is...read more→
From the beginning of the process when Eddie answered the phone until closing the whole team of First Florida Financial have been extremely attentive and awake! Our situation was not the conventional one and Eddie...read more→
We want to thank a million times to Eddie Hoskins and his team at First Florida Financial Group. Everything, from initiating contact with Eddie on a Saturday afternoon about five weeks ago, until the closing...read more→
Eddie and Simone exceeded my expectations. Eddie's team was able to offer me a loan that very few lenders do with less money down. We went through the process without any major hiccups and I...read more→
Ryan was a delight to work with. He kept us informed on each stage of the Loan Transaction. I would highly recommend him to future customers.
David Conde is the best!. He was available for us throughout the whole loan process and really was on our side when we needed him. He keept us positive during stressful times, as the loan...read more→
David was extremely helpful and knowledgeable throughout the process. He followed thru on everything promised and was available for questions whenever we had them. Highly recommended!
Eddie and Simone were awesome to deal with. The entire process was handled professionally and smoothly. I can honestly say that this was the first time that I have purchased a property where the transaction...read more→
Waste no time. Eddie will get the job done. I started working with big banks assuming I was in good hands. My wife found Eddie searching online and I was skeptical. Eddie reviewed my case...read more→
Joe was helpful, responsive and a pleasure to work with from the very beginning. He made the process easy and stress-free. Thank you Joe!
Joe delivered great customer service, was very responsive, worked hard to make sure we could close quickly and we got a great rate! Way to go Joe!!
We recently relocated to Florida and landed on First Florida Financial as our broker.. Joe Galluzzo was our loan officer and made the entire experience pleasant and efficient. Throughout the process he was always available...read more→
Joe was a pleasure to work with - always accessible and straight forward throughout the entire loan process. He made the mortgage process as easy as possible and I felt that he was our advocate...read more→
We would like to thank Joe Galluzzo and his team for the awesome service we received. Joe's exceptional professionalism and knowledge of the industry was impressive and truly appreciated.
Eddie and Simone, his assistant, did a great job in helping me secure the financing I needed on my debt consolidation loan for all the credit cards balances I had rung up renovating the home...read more→
Eddie and his team did a fantastic job. I had a very complicated file and the team communicated thoroughly throughout the entire process and came up with solutions when others could not. With a complex...read more→
Eddie and his team did an excellent job preparing and guiding me through the application process. It was quick and painless compared to the many other mortgages I have applied for in the past. Thank...read more→
Eddie and the First Florida Financial team were nothing short of outstanding! This was, by far, the most straightforward, professional mortgage loan process we have ever experienced. Eddie has an amazing "can do" approach, is...read more→
Eddie, I wanted to refinance my beach condo to get away from the ARM but I was having difficulty finding a lender who would do a conventional mortgage because someone at some point had classified...read more→
Eddie was my hero throughout the home buying process. I had a somewhat complicated situation, and he made the loan possible where others couldn't. The E ZIP process was fast and easy. We closed on...read more→
Thank you, Eddie Hoskins and his dedicated and skillful staff were able to make the impossible possible! I will honestly say that he is the most competent and knowledgeable loan officer that I have ever worked...read more→
Thank You, Tim Canney walked with me each step to ensure everything he promised was carried out. Even after the loan closed he got involved in an issue that needed resolving. I would highly recommend Tim...read more→
Thank You, TimWe are an unconventional loan and knew we couldn't easily qualify for a traditional mortgage. Tim Canney was extremely helpful in securing us a mortgage for our dream home ... and in a timely...read more→
Hi Darren, First Florida Financial Group, specifically Darren did an amazing job in helping us obtain our new residence. The knowledge that he had on working on our VA application was amazing! He was...read more→
Dear Darren: We would like to take this opportunity to thank you for your expertise, professionalism, and superb attention to detail related to our closing. We never thought we could secure a loan with...read more→
Darren Lynch has been a fantastic mortgage broker from start to finish. Early in our search for home financing, one of the other lenders we worked with briefly had a long list of conditions...read more→
When choosing a mortgage partner I always look for three important qualities: Honesty, Availability, and Knowledge. When I met Darren Lynch, from First Florida Financial, I knew from my very first conversation that I...read more→
Eddie Hoskins, Thank you, Thank you, Thank you. After being led on, misinformed, and denied by 4 other mortgage companies, you and First Florida Financial Group did the "impossible" and were able to get...read more→
When you need a mortgage broker/lender that can get the transaction closed, I want to tell you about Eddie Hoskins, President of First Florida Financial Group located in Ft Myers Florida. I've worked with Eddie...read more→
Hello Eddie, Eddie and his team make the mortgage application and approval process virtually seamless for me, from beginning to end. Being a foreign national, my application layered on additional complexities that I thought...read more→
Thank you, Eddie, for putting this mortgage together for me. I was operating on a meager budget with a limited amount of savings and you came through for me. Your supporting staff was amazing,...read more→
Eddie and his team were very professional and enthusiastic to help. The prompt responses even after hours gave the impression of being an important client and not simply a finance business transaction. The virtual...read more→
Eddie, The words "Thank You" seem so simple for all your hard work and dedication you committed to the approval of our loan. After being rejected, and denied by many other mortgage companies before, you...read more→
Are You Concerned You May Not Qualify for a Home Loan Because?
- Debt to Income Ratio is a little too High.
- Credit Scores are a little Too Low, Not to Worry we are masters at analyzing your credit report and doing a Rapid Credit Rescore.
- Prior Foreclosures, Short Sales or Bankruptcies.
- Currently, have a Primary Residence that you want to sell after you close on after you purchase your new home and you might not qualify with both mortgage payments.
- Don’t have Enough Reserves.
Not to worry our Loan Officers overcome these problems all the time, We know the Florida Jumbo Mortgage Business and can Close Easy, Complex and Tough Deals. We do this by utilizing our “Outside The Box Thinking” to get you Approved for the highest loan amount possible while keeping your down payment and closing costs as low as possible.
No-Cost Appraisal Offer
Whether your Purchasing or Refinancing, you could Save Hundreds of Dollars
Whether you’re buying a new home or refinancing, closing costs are a necessary evil and we’re helping home-buyers and homeowners save thousands of dollars with our no-cost appraisals and here is how it works. You simply pay for the appraisal up front, as all other mortgage companies require you to do and as long as your loan amount is over $484,350 we will credit you back up to $525.00 of your appraisal cost at closing.
To take advantage of this offer You MUST Register prior to Applying with us…… yep, it’s that simple! By the way, we don’t charge any loan application, interest rate lock-in or any other upfront fee’s like many lenders do.