Bank Statement

This loan program for buyers that earn seasonal income, are independent contractors or self-employed.
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Requirements

What you need to get started

680
Minimum Fico Score
20%
Minimum Down Payment
2yrs
Minimum years of being self-employed
2%-6%
Closing cost of the purchase price

Product Highlights

  • Primary, second home, or investment properties
  • 12 or 24 months business or personal bank statements
  • The lender does not look at your tax returns or transcripts
  • Borrowers can own as little as 50% of the business for business bank statements and 25% for personal statements

Documents Needed

  • Bank Statements- 12-24 months
  • Drivers License