Self Employed & Writing Off Too Much For a Home Loan?



Recently it has been difficult for Self Employed Borrowers to get a home loan even when they have great cash flow. It’s a dilemma – Write off too little and pay too many taxesto afford a home or write off too much and not qualify.

Fortunately for these want to be home buyers there is a new option. It’s called our 12 month bank statement program. This program uses the deposits to a borrowers account (business or personal) to measure their true income. If it’s a personal account, expenses are not deducted!

This is a portfolio product so we can make exceptions but here are the general guidelines

  • Self Employed Borrower
  • Purchase, Refinance, or Cash-Out Refinance
  • Up to 70% LTV
  • 720 Minimum Mid FICO (not quite there?? We can help with that)
  • Available in 3/1, 5/1, 7/1, or 10/1 ARM
  • Loan Amounts up to $3.5 Million (exceptions for higher)
  • Great Rates!
  • Available in AZ, CA, DC, HI, MD, MT, NV, NY, NC, OR, SC, VA, and WA

Get a Quick Quote or More Information
Contact :
Craig Bosse
(925) 381 6577
NMLS # 1019442


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