Are you looking for a loan but don’t have traditional income documents to provide? Our Bank Statement Loan might be the perfect solution for you. With this loan, you only need to provide the first page of your bank statement, making the application process quick and hassle-free.
Here are some key features of our Bank Statement Loan:
- Loan amounts up to $4 million: Whether you need a small loan or a larger one, we’ve got you covered.
- Max cash-in-hand $2 million on cash-out: Need some extra cash? You can get up to $2 million in hand when you opt for a cash-out.
- Asset seasoning: Only 1 month of asset seasoning is required, making it easier for you to qualify.
- LTV up to 80% for purchase/rate-and-term: You can borrow up to 80% of the property’s value for purchase or rate-and-term refinancing.
- LTV up to 75% for cash-out: If you need cash-out, you can still borrow up to 75% of the property’s value.
- DTI up to 50%: We understand that your debt-to-income ratio may be higher. That’s why we accept DTI up to 50%.
- Available for primary residence, second home, and investment properties: Whether you’re looking to buy a home for yourself or invest in real estate, our Bank Statement Loan can cater to your needs.
- Interest-only payments available: You have the option to make interest-only payments, giving you more flexibility with your finances.
- FICO scores as low as 660: Even if your credit score is not perfect, you can still qualify for our Bank Statement Loan with a FICO score as low as 660.
With our Bank Statement Loan, you can enjoy the benefits of a traditional mortgage without the hassle of providing extensive income documentation. Contact us today to learn more and start the application process.
