Loan Program
Bank Statement Loans
For self-employed borrowers whose tax returns understate their income.
Overview
What this program is for.
Business owners, contractors and commission-based earners are frequently the strongest borrowers on paper that a standard underwriting box happens to reject. A bank statement program qualifies you on deposits rather than tax returns.
Andrew reviews the statements with you first so you know where you stand before an application is submitted anywhere.
Highlights
Bank Statement Loans at a glance.
Qualify on deposits
Bank statements in place of traditional income documentation.
Self-employed friendly
Built for owners, 1099 earners and commission income.
Purchase or refinance
Available on both sides of the transaction.
Reviewed up front
A read on your file before anything is formally submitted.
How It Runs
The same four steps, every file.
01 — Pre-Approval
A loan pre-approval sets you up for a smooth home buying experience, and tells you exactly what you are working with before you start shopping.
02 — Loan Application
A few documents are needed to get your loan file through underwriting. Andrew tells you precisely which ones, once.
03 — Underwriting
Andrew’s team closely evaluates all the documentation in the loan package and clears conditions as they come.
04 — Closing
Documents are drawn and sent to the title company for closing.
Also Consider
Related programs.
VA Loans
Flexible options for eligible veterans and service members, as fixed-rate or ARM mortgages.
Learn more →
