Non-QM

75% LTV Cash-Out Bank Statement Loans

By Mel Fe0 CommentsNon-QM

The Bank Statement loan program offers a unique opportunity for individuals with non-traditional income sources to secure financing by leveraging their actual bank deposits as proof of income. This program is particularly beneficial for self-employed individuals, freelancers, and small business owners who may not have standard income documentation like W-2s…

Bank Statement Loans

By Mel Fe0 CommentsNon-QM

What are Bank Statement Loans? Bank Statement Loans are a type of mortgage designed for self-employed individuals or those with non-traditional income sources who may have difficulty qualifying for a conventional loan. One of the primary benefits of Bank Statement Loans is their accessibility for individuals with non-traditional income sources,…