Bank Statement Loans
See how bank statement loans compare to other types of financing, explore the benefits of bank statement loans, and find out how business owners, retirees, and more can get the most out of this loan.
Bank Statement Loan Document Checklist
The main difference between bank statement loans and conventional mortgages is how your income is verified. Traditional loans require two years of tax returns and pay stubs, which often understate the true earning power of self-employed borrowers who take advantage of business deductions. Bank statement loans look at your actual cash flow instead, giving a...
Bank Statement Loan Refinance Calculator
Whether you’re looking to reduce your monthly payment, pay off high-interest debt, or reinvest in your busin...
Bank Statement Loan Examples & Use Cases
Who Are Bank Statement Loans for? A bank statement loan is designed for self-employed borrowers who have diffi...
No Doc Business Loans: What You Need to Know
While “no doc” is short for “no documentation,” there are actually no true no doc loans. Instead, they...
Bank Statement Loan Calculator
Becoming a homeowner is a big step, and you must be financially prepared. Use our bank statement loan calculator to help you determine your maximum home price, loan amount, and estimated closing costs. How Do Bank Statement Loans Work? For certain individuals, their yearly income taxes do not reflect their actual income. This is especially...
What Is an Asset Depletion Mortgage & Is It Right for You?
When most people think about home loans, they’re thinking of conventional loans. These loans have strict in...
A Guide to NINA Loans
Investing in real estate can help you passively build wealth over time — whether you purchase a primary resi...
Stated Income Loans: Definition, Background, & Alternatives
Applying for a mortgage is a significant moment that means you’re ready to buy a house. Unfortunately, m...
Understanding Your Mortgage Statements
If you have a mortgage, you’ll receive your statement every month with crucial information that tells you how much you owe. Unfortunately, most people set up automatic payments and forget about their mortgage statements, never even reading them. Unfortunately, ignoring the information on your mortgage statement can be a mistake. This piece of paper tells...
How Many Months of Bank Statement Do You Need to Qualify for a Mortgage?
When applying for a mortgage loan, your lender will ask for various documents to verify your employment and in...
No-Income Verification Mortgage: Can You Get a Mortgage Without Tax Returns?
Purchasing a home is the most significant and fulfilling transaction most people will make in their lifetimes....
Proof of Funds Letter: What It Is & Why You Might Need One
When shopping for your dream home, sellers want to know you’re someone they can trust. Unfortunately,...
Bank Statement Loans for Self-Employed Homebuyers in San Diego
As a self-employed individual in San Diego, obtaining financing to buy real estate can be challenging. However...
How to Get Approved For a Home Loan
Most people know that if they want to buy a house, they’ll need to take out a home loan. However, not ev...
Retirement Mortgages: A Guide to Mortgages for Retirees
Are you interested in taking out a mortgage in retirement? Getting a traditional mortgage can often pose a cha...
A Guide to Getting a Mortgage When You’re Self-Employed
If you are self-employed, you may have heard that getting a mortgage is a bit different. A mortgage for self-e...
What Is a Bank Statement? What It Is, Why It’s Important, & How to Get One
If you are a first-time home buyer, it’s important to explore all your options when trying to secure fun...
How to Get a Loan When You’re Self-Employed
Being self-employed comes with its benefits and drawbacks. While you may be your own boss, you’re seen a...
How Self-Employed Home Equity Loans Work
Can You Get a Home Equity Loan If You’re Self-Employed? For many self-employed individuals, there are severa...
Bank Statement Loans: Get a Mortgage as a Self-Employed First-Time Home Buyer
Bank statement loans for first-time buyers are a way to secure a mortgage using non-traditional means. When yo...
How to Get a Mortgage Loan as a Gig Worker
The gig economy has changed the way Americans work — perhaps forever. There are 57.3 million freelancers ope...
How Bank Statements Loans Can Get You Your Desired Home Mortgage
Sandra has always been very independent. From a young age, she found creative ways to earn money, from lemonad...
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