Bank Statement Loans



Bank Statement Loans

The bank statement loan offers an opportunity for anyone that may not qualify for an agency loan due to W2 income. Borrower will need to be able to demonstrate income on their bank statements. 

Current guidelines:

  • Up to 80% LTV
  • Personal or business bank accounts permitted
  • Little or no seasoning on bankruptcy, foreclosure, short sale or loan modification (see guidelines)
  • Full Doc, Full Doc Self Employed or Bank Statement
  • Non-warrantable condos and condotels permitted
  • Loan amounts up to $1,000,000
  • Flexible on bank NSFs and overdrafts

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