These are programs where self employed borrowers can prove their income by providing 24 months of bank statements to prove income, instead of tax returns.
The max loan to value ratios on these loans are around 80%. Meaning you would have to put down 20%.
Wanted you to be aware of their introduction.
If you feel you could benefit from a loan like this please let me know.
That’s it for today!
Thanks for reading!
Brett
I’ve written about this before, but we have more and more people passing the age…
I had this situation come up again last week, and I wanted to address it…
One of the most important things you will have to do when you apply for…
I wanted to remind you that we have a 2% to 5% downpayment and closing…
If you receive money from the State or a County sponsored organization for providing foster…
Do you have investment property, and would like to pull cash out of your property?…
