Bank Statement Loans

Lending Pros

Kind Mortgage


Kurt, self-employed borrowers work hard for their success—but traditional mortgage guidelines don’t always work for them.

That’s where Kind Non-QM’s Bank Statement Program comes in. Instead of relying on tax returns, we use 12 or 24 months of bank statements to assess real cash flow and help more clients qualify.

Program Highlights:

Loan amounts up to $3,000,000

Up to 90% LTV for purchase, 85% LTV for rate and term refinance, 80% LTV for cash out —help borrowers unlock their equity

Qualify with 12 or 24 months of personal or business bank statements

If your self-employed clients are struggling to qualify, it’s time to think outside the tax returns. With Kind Non-QM’s Bank Statement Program, borrowers can qualify based on actual deposits—not complicated tax returns.

Sierra Pacific

Sierra Pacific Bank Statement Calculation Tool - Job Aid

https://qr1.be/FUJR


We're excited to introduce our new Bank Statement Calculation Tool, now integrated within our LOS! This cutting-edge solution automates income calculations, eliminating the need for manual bank statement reviews. ✅ No more manual reviews
✅ Expedited processing for qualified borrowers
✅ More certainty with calculations

By automating bank statement income analysis, you gain deeper borrower insights while ensuring compliance and efficiency in your loan underwriting process. 

Change Mortgage

Our bank statement program is designed to offer you and your clients greater flexibility and opportunity. Highlights include 100% deposits with personal bank statements – self-employment not required - no minimum tradeline required with 3 scores, 80% LTV to $3 million and more. 

This program empowers you to expand your clients' mortgage options like never before.


Let's work together to structure a deal that meets your clients' needs. Contact me today to get started.

ACC Mortgage

90% Bank Statement

JMAC


Hello Kurt R   Are you actively selling Non-QM loans using Bank Statements for qualifying? If not, these loans are in demand right now and Team JMAC just completed additional expert product training. With that knowledge, I'm ready to answer your questions and help you grow your pipeline.    So many JMAC brokers are using non-traditional income verification. We offer 3 Non-QM loan programs that use 12- to 24-months bank statements for fast qualification.

We calculate bank statements for you High loan amounts to $4.0M 30- and 40-year Interest Only Credit Flex program has FICOs from 620 Use personal bank statements if you use for business

These programs offer fast approvals and speedy process. Aggressive rates. No MI. Sound good?   If you have a client that needs to qualify using Bank Statements I can help. Please contact me today to discuss your scenario. ROSEANNA JACOBSON, SR. ACCOUNT EXECUTIVE 480.280.6064 [email protected]   www.JMACLending.com  

ANGEL OAK

Minimum reserve requirement is now THREE months  Minimum ownership requirement to use business bank statements reduced to 25% One year self-employed program is now allowed for 1099 borrower (borrower must be in same line of work for two years) Unlimited CASH IN HAND at LTV less than 50% Refi Cash Out requires 6 months seasoning to use appraised value

Brokers Choice Mortgage


Program Highlights


Use 100% of deposits on Personal Statements.

Use up to 85% of deposits on Business/Co-mingled Statements.

Up to 90% LTV Purchase to $1.5M

Up to 85% LTV Rate/Term

Up to 80% LTV Cash Out Min FICO 600

Loan amounts up to $4,000,000

Couple with Asset Utilization for extra income

Transfers from Business to Personal OK!

P&L Program comes with 3 Months Bank Statement

Multiple Business Accounts OK


Qualify using:

Fixed Expense Factor

Third Party Prepared P&L

Third Party prepared Expense Statement 


Jet Mortgage


·     2nd Lien Option - Up to 90% CLTV

·     As Low as 10% Expense Ratio on 1st Lien

·     100% Gift Funds Allowed ·     Up to 90% LTV (w/ 680 FICO)

·     Combine W2 And Bank Statement Income for Same Borrower (1st Lien Only)

·     Aggressive Pricing!

·     Transferred Appraisals Allowed

·     FAST Income Analysis Desk!

·     Add Asset Depletion Income

·     Min FICO 620

·     3-12 Months Reserves

·     SFH, 2-4 Unit, Condos

·     Interest Only Available

·     Use any AMC Cash out can be used for reserves

PRMG

EPM Equity Prime

Loan Stream

Newfi

Orion

Deephaven