Bank Statement Mortgage
Personal or business bank statement gross monthly deposits are used to income-qualify for primary, second, & investment properties. NO tax returns - NO additional income documentation needed!
Bank Statement Highlights
- 3 / 12 / 24mth bank statement programs available
- 1-4 unit | primary residence, second home, and investment properties
- Business, gig, retirement, property, and investment income can be used
- A hybrid of bank statement income & other income sources can be used to qualify
- If self-employed: must be in business ~2 years
- Minimum: (620+), regular gross deposits, and modest financial reserves
- Purchase, refinance, and cash-out mortgages
- Loan-To-Value (LTV) percentage ranges up to 90% depending on occupancy, number of units, FICO, and size of loan
- Quick closings: 3 - 4 weeks
- Loans range: $75K to $4M+
- Interest-only available. NO Mortgage Insurance. Foreign National & Work Visa eligible
- Experienced Durnford Team loan processing provided at NO additional expense!
- Online Application | Secure Document Uploads | Mobile App | Email/Text Loan Updates!