Bank Statement Mortgage Loan
- No tax returns required
- 12 month bank statements now available
- 24 month bank statements
- Loans up to $2 million
- Credit scores down to 620
- Up to 90% LTV
- DTI up to 50% considered
- Owner-occupied, 2nd homes, and investment properties
Are You Self-Employed?
If you’re looking to buy a home, we have good news. Utmost Pro, Inc. offers a Bank Statement Loan Program for self-employed borrowers as well as those whose employment histories and tax returns may not reflect their viability for a mortgage.
Rates often start in the 5.5% range and increase with higher LTV ratios and/or lower credit scores.
Add all deposits for all 24 months and divide that amount by 24 .
Ex. 24 months deposits total = $200,000 / 24 = $8,333 a month income.