The flexibility offered from the 12/24 Month Bank Statement loan provides the opportunity to self-employed borrowers who are looking to purchase a property but do not have the traditional proof of income to obtain the loan they are in need of.
Minimum of 600 FICO
Loans up to $4 Million for Primary to 70% LTV
Loans up to $3.5 Million for Secondary to 75% LTV
Loans up to $3.5 Million for Investment to 75% LTV
Purch-R/T up to 90% LTV
Cash Out up to 80% LTV
Expense ratio as low as 10-20% with CPA letter
Use in combo with other doc types!
Recent credit events allowed
ARMs and io options available
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