Traditional loans aren’t all we’re experts on.

Our expertise extends beyond traditional home loans. With our deep understanding of the evolving real estate market, we stay updated on innovative financing methods, ensuring our clients benefit from the most suitable and competitive loan products. We believe that every individual has different circumstances and requirements, and our nontraditional home loans provide the flexibility and customization necessary to accommodate those needs.

BANK STATEMENT LOANS

A bank statement loan is a type of mortgage that allows borrowers to use their bank statements as proof of income, rather than traditional income documentation such as tax returns or pay stubs. Bank statement loans can also be a way to increase your reported income.

Who are these for?

  • Self-employed borrowers or those with non-traditional income sources that may not have the typical paperwork to prove their income
  • Borrowers wishing to increase their reported income

How does this loan work?

  • With a bank statement loan, the lender will review the borrower's bank statements (usually for the past 12-24 months) to determine their ability to repay the loan
  • Borrowers typically need to have a good credit score, a strong employment history, and a minimum down payment (often 10% or more)