Owning a business is tough. Many entrepreneurs end up reducing their own paycheck in order to re-invest back into their business. Bank statement loans can help.
Unfortunately, many major lenders lack home financing programs that recognize the realities of running a business. However, a bank statement home loan is a mortgage option offered by some lenders where tax returns aren’t relied on to determine income. Instead, these programs look at bank statements from the borrower AND their business to assess a borrower’s financial situation.
All Final Rates, Terms, Conditions and Required Documents will be described on the Final Loan Approval & will be contained in the Final Legal Closing Documents