Bank Statements are the New Stated Income Loan
Back in 2007 and 2008 during the subprime mortgage bust, stated income mortgages were a thing, but they tended to get people into a lot of trouble and made it possible to buy homes they really couldn’t afford. But, with a little bit of finesse, revising, and a...How a Bank Statement Mortgage Works
For self-employed individuals, a bank statement home loan may be the best thing since sliced bread. Instead of using W-2’s and tax returns, which most loans rely on, a bank statement loan uses the money you deposit into your bank account each month as proof of...Mortgage for Self-Employed Borrowers
Introducing the 24 Month Bank Statement Loans For Self Employed Borrowers Self-employed borrowers rejoice! There are now bank statement loans for self-employed borrowers with no lender overlays on government and conventional loans. So what does this mean for...
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