Being self-employed should not mean that you should be ineligible to buy a home.
Bank Statement Program Types
There are two types of Bank Statement Program available:
Qualify for a home by being able to show proof of your income over the last 12 months by showing your bank statements for the last 12 months (1 years worth of bank statements).
Qualify for a home by being able to show proof of your income over the last 24 months by showing your bank statements for the last 12 months (2 years worth of bank statements).
The bank statement program lets self-employed or unconventional buyers qualify for loans using bank statements instead of tax returns as proof of income.
At downtown financial, we make it simple and faster for applicants to get the loan approved under Bank Statement Program.
Loan rates under Bank Statement Program are very attractive.
Bank statement requires down payment of 10%
For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply.
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