Bank Statement Loan Program Highlights
  • Qualify with 12 months personal, business or co-mingled bank statements
  • Tax returns | 4506T not required
  • May use multiple streams of income: W2, retirement, rental, social security, asset amortization, pension, etc.
  • Available for primary residence, second homes & investment properties
  • Usable Assets: 100% checking & savings*, stocks, bonds, mutual funds & retirement funds may be used for reserved requirements
  • Loan amounts up to $3.0MM
  • Maximum cash out up to $2.5MM
  • 5/1, 7/1, 10/1 ARM**
  • 15 and 30 year fixed available
  • 90% LTV with 680 FICO Credit scores as low as 600***
  • DTI up to 55%***

A borrower with a 25% or greater ownership interest in a business is considered self-employed. All states (including DC) are eligible except DE, ME, MA, WY.
*Interest only options available on all ARMs. No I/O in Illinois.
**Not available in Premier.

Bank Statement Sticker

Bank Statement Guidelines