bank statement loans- bankstatement.loan
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BANK STATEMENT LOANS
BANKSTATEMENT.LOAN
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
BANK STATEMENT LOANS
The bank statementloan program is perfectfor borrowers who areself-employed.
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
Other Self EmployedPrograms:
Stated Income
Loans
No Doc Loans
No Ratio Loans
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
Self-employed borrowerscan make quite a bit ofmoney, more than enoughto qualify for a bankstatement loan. However,the struggle with getting atraditional loan for self-employed borrowers is thedocuments they’rerequired to provide.
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
Sometimes lenders will accept a letter from a Certified PublicAccountant or CPA instead of bank statements or otherdocumentation.
If you are planning on submitting a letter from a CPA to your lender,these are some other documents that will need to accompany thatletter:
Business License
Letter from your Financial Institute
Self-employment Insurance Coverage
Reference Letters
Tax Return Transcript
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
The bank statement loanprogram is favoredamong self-employedborrowers. Your lenderwill most likely use yourbank statements to addup the total amount ofdeposits received anddivide them by either 6,12 or 24 months in orderto determine youraverage monthly income.
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
T O L E A R N M O R EBANKSTATEMENT.LOAN
LENDER HOTLINE: 888-581-5008
C L I C K H E R E
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
Justin McHood is Americas MortgageCommentator and has been providing
Mortgage commentary for over 10 years.
INFORMATION PROVIDED BY:Justin McHood
Mortgage Commentator
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008
LEARN MORE ABOUT MORTGAGE COMMENTATOR:
MORTGAGECOMMENTATOR.COM
FACEBOOK.COM/MORTGAGECOMMENTATOR
@MORTGAGECOM_
LENDER HOTLINE: 888-581-5008
BANKSTATEMENT.LOAN LENDER HOTLINE: 888-581-5008