Did you know that you can obtain a Mortgage even though you do not report much income?

Our answer, “Yes, by obtaining a bank statement mortgage loan.   

              (The non-qualified home loan program) 

Bank statement mortgage loans could be perfect for the Self-employed Borrower or 1099 employee/ contractor.

And this is how it works…

You feel you can afford a house, but you report lower income.

• A bank statement mortgage loan, in other words is a non-qualified mortgage loan product. Which is a loan program option for those who do not qualify for conventional qualified mortgages or FHA mortgage loans.
• The premise of the mortgage loan is that it is based on your monthly bank statements (deposits/withdrawals) in determining what you are able to afford as a monthly mortgage payment.
• Underwriting is limited with documentation.
• No tax returns. Income from your deposits and withdrawals documented from your bank statements.
• 12 to 24 months of bank statement depending on the lender and the size of the loan.
• The bank statements can be combined between personal and your business account to you qualify for bank statement mortgage loans.
• These mortgage loans offer higher debt to income ratios too. (Which is the calculation on how much you owe each month in comparison on how much you earn).
• These bank statement mortgage loans usually have more flexibility for the borrower.
• Some options are of having an Interest-only mortgage loan, shorter or longer terms.
• This mortgage loan product is great a vehicle for the 1099 employee, the contractor, the self-employed person or lower income reporting individual.

Request a quote today and buy that house that you have been wanting. 

Let us help you with our Wholesale Bank Statement Loan Lender Pricing.

Most Traditional Depository Lenders Do Not Offer These Non-Qualified Mortgage Loan Programs.

More Mortgage Choices Means More Options For You!

Lenders that offer Bank Statement Loan Mortgages at Wholesale Pricing. North Carolina, South Carolina and Florida states.

When you’re self-employed, an entrepreneur, 1099 Contractor, or simply a low-income tax reporter you don’t have the luxury of being able to provide pay stubs or show income on tax returns when you’re trying to obtain a mortgage loan.

A Bank Statement Mortgage will enable you to obtain a Mortgage loan.

Not having these required documents can make getting approved hard, even when you have good credit. Our Bank Statement Loan Mortgage Lenders we represent has the needed program that allows borrowers to seek a home mortgage loan without showing net income on taxes or pay stubs.

We look at your income over 12 months using bank statements, and if you meet our criteria, you can get a bank statement mortgage loan with a competitive rate. Multiple Offerings for you to choose too. Learn more by contacting us below.

Why chose a wholesale mortgage broker?

When you are buying a house,  some people frown on the brokerage industry and prefer to deal directly with a bank.

I could relate as years ago, I too had a bad experience with the broker channel, but then years later had a bad experience with a bank. What I have learned is that it’s not the broker channel it’s all about the person you are conducting business with. 

The questions that come to mind – well who is going to give me the best deal for me and my family. 

Truthfully a direct lender can’t because they only have their own product. No diversity. 

A wholesale brokerage does. They have the products that will cater to your needs and situation.

You need to have choices and the best choices come from having options available. It’s plain and simple.

Let us help you with those choices. After all we work for you not a bank, we work for you.

Contact us today for your best choice and mortgage scenario.

Check out all our loan programs available to youproducts that will cater to your needs and situation.

You need to have choices and the best choices come from having options available. It’s plain and simple.

Let us help you with those choices. After all we work for you not a bank, we work for you.

Contact us today for your best choice and mortgage scenario.

Check out all our loan programs available to you