It’s common for borrowers to verify their income using tax returns and W-2s. But not all borrowers can prove their income and assets this way. A bank statement loan allows self-employed borrowers, small business owners, entrepreneurs, and freelancers to obtain a mortgage without traditional documentation.
Why waste your time trying to provide extensive documentation for a home loan? Consider a bank statement mortgage and get on the path to homeownership. The application process is easier than you think.
No tax returns required
Borrow up to 80% of the home's value; up to 90% with proper reserves and credit
Finance owner occupied homes, second homes & investment properties*
Easy to qualify with maximum debt-to-income ratio (DTI) of 50%
12 months of personal and 24 months of business bank statements
Signed CPA letter stating you are still in business
Receive your custom, low rate home loan
Get started with a bank statement mortgage loan
Affordable loans with easy qualifications and flexible down payments are possible. Let American Financing guide you through the process and through loan options that make sense for you. We're even open nights and weekends to fit your schedule. Make the call to (800) 910-4055 or complete the online application.