How Much Can You Qualify For With A VA Loan?
How Much Can You Qualify For With A VA Loan?
Self Employed Home Shoppers Need To Do This Before Applying For A Mortgage
Self Employed Home Shoppers Need To Do This Before Applying For A Mortgage
76% Of Veterans Aren’t Taking Advantage Of This Huge Benefit
76% Of Veterans Aren’t Taking Advantage Of This Huge Benefit
The Quickest Way To Get Qualified For A Mortgage When You're Self-Employed
The Quickest Way To Get Qualified For A Mortgage When You're Self-Employed
This Federal Law Is Helping Heirs Save Their Property By Doing This
This Federal Law Is Helping Heirs Save Their Property By Doing This
How To Prepare to Become a Homeowner If You're A Renter
How To Prepare to Become a Homeowner If You're A Renter
Your Landlord Doesn't Want You To Know This Simple Homeownership Secret
Your Landlord Doesn't Want You To Know This Simple Homeownership Secret
Make Sure You Know These 3 Things Before Getting A Home Equity Loan
Make Sure You Know These 3 Things Before Getting A Home Equity Loan
3 Types Of Real Estate Investments That Create Cash Flow
3 Types Of Real Estate Investments That Create Cash Flow
Realtors Are Using This Checklist To Get Their Client's Mortgage Approved Quicker
Realtors Are Using This Checklist To Get Their Client's Mortgage Approved Quicker
3 Ways To Manage Your Mortgage So You Don't Lose Your Home
3 Ways To Manage Your Mortgage So You Don't Lose Your Home
Top 3 Mortgage Options Every Real Estate Agent Should Know For Their First Time Homebuyers
Top 3 Mortgage Options Every Real Estate Agent Should Know For Their First Time Homebuyers
Do This And You Could Pay Off Your Mortgage Faster
Do This And You Could Pay Off Your Mortgage Faster
The Top 3 Loan Programs Every First Time Homebuyer Needs to Know About
The Top 3 Loan Programs Every First Time Homebuyer Needs to Know About
3 Questions First Time Homebuyers Wish They'd Asked Before Buying
3 Questions First Time Homebuyers Wish They'd Asked Before Buying
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Every Financial Planner Should Be Prepared To Answer These Home Buying Questions
Every Financial Planner Should Be Prepared To Answer These Home Buying Questions
3 Ways Home Refinancing Can Help Extend Your Clients Retirement
3 Ways Home Refinancing Can Help Extend Your Clients Retirement
How You Can Avoid Leaving Mortgage Debt Behind After You Die
How You Can Avoid Leaving Mortgage Debt Behind After You Die
How To Leverage Your Home Equity To Buy More Real Estate
How To Leverage Your Home Equity To Buy More Real Estate
How To Make Sure Your Client's Stay In Their Home After A Divorce
How To Make Sure Your Client's Stay In Their Home After A Divorce
The Secret To Attracting More Clients With These Property Deduction Hacks
The Secret To Attracting More Clients With These Property Deduction Hacks
The 3 Things Every Divorce Attorney Should Know About Their Client's Mortgage
The 3 Things Every Divorce Attorney Should Know About Their Client's Mortgage
Save Your Clients Money On Their Year End Taxes With These 3 Real Estate Investments
Save Your Clients Money On Their Year End Taxes With These 3 Real Estate Investments
HI, IM
Samuel Borthwick
Your Bank Statement
Loan Specialist!
FEATURES & BENEFITS
The Home Loan Solution Without The Need For A
W-2.
With a bank statement loan, you can qualify for a mortgage using your personal or business bank statements to verify your income instead of your traditional tax returns. Banks statement loans also offer such features and benefits as:
No Tax Returns Required
With a bank statement loan, you can use your bank statements to qualify instead of your tax returns. That’s a huge benefit if you have a complex income situation.
Faster Processing Times
Because they rely on your bank statements to verify your income, and not your tax returns, the application process can be streamlined and simplified.
Alternative Income Verification
If you’re someone whose tax returns don’t accurately reflect your income, qualifying for a traditional mortgage can be challenging. Bank statement loans can make it easier.
Fewer Documentation Requirements
Bank statement loans don’t require you to collect as many documents as traditional loans, making the process less challenging and time-consuming.
Savings, if any, vary based on the consumer’s credit profile, interest rate availability, and other factors. Contact Guaranteed Rate for current rates. Restrictions apply.
HOW IT WORKS
Learn More About Bank Statement Loans
Unlocking Financial Opportunities: Explore the Benefits of Bank Statement Loans
Self-Employed and Struggling to Get a Home Loan? You're Not Alone
Bank Statement Loans: A Better Option for Self-Employed Borrowers
How Bank Statement Loans Work and Who Qualifies?
How to Apply for a Bank Statement Loan?
How to Get Started with a Bank Statement Loan Today?
How to get started Geneva webinar lorem ipsum
Unlock the Full Potential of Your Mortgage Advisor sales force with WOWMI's Comprehensive Suite of AI-Powered Marketing Tools and Strategies
*Plus, Get your free VA guide for your next loan!
How to get started Geneva webinar lorem ipsum
Unlock the Full Potential of Your Mortgage Advisor sales force with WOWMI's Comprehensive Suite of AI-Powered Marketing Tools and Strategies
Why you should attend
Help to increase brand awareness and generate leads from audience
Help to increase brand awareness and generate leads from audience
Help to increase brand awareness and generate leads from audience
HOW IT WORKS
How much will your loan cost?
Traditional mortgages are made for traditional W-2 employees. But bank statement loans allow you to use your personal or business bank statements, instead of your tax returns, to qualify for a mortgage, making them a perfect option for your circumstances.
Enter your loan pricing needs below and we’ll calculate your estimated loan payment.
Your estimated monthly payment
This result is just an estimate. For a more detailed report Schedule a complimentary consultation today.
This is not a commitment to lend. Consumers are advised to obtain a Loan Estimate. Rates are subject to change and are dependent on credit and underwriting criteria.
Your actual rate, payment and costs could be higher. Guaranteed Rate cannot predict where rates will be in the future. Sample rate provided for illustration purposes only and is not intended to provide mortgage or other financial advice specific to the circumstances of any individual and should not be relied upon in that regard. Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error-free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate. Guaranteed Rate, its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.
Subscribe for more information about Bank Statements Loan insights!
APPLICATION PROCESS
We Simplify The Process, So You Can Maximize Your Results
Applying for a bank statement loan may seem complicated, but it can be a great option for borrowers who are self-employed or have non-traditional sources of income. By following these four steps, you can get the funds you need to achieve your financial goals.
Gather Your Financial Documents
To apply for a bank statement loan, you'll need to provide financial documents such as bank statements, tax returns, and income statements. Make sure you have everything you need before you start your application.
Submit Your Application
You can apply for a bank statement loan online or in-person at a bank branch. Once you've submitted your application, the lender will review it and may request additional documentation or information.
Provide Your Bank Statements
This is the key step for a bank statement loan. You'll need to provide your bank statements to the lender so they can verify your income and determine how much you can borrow.
Receive Your Loan Funds
This is the key step for a bank statement loan. You'll need to provide your bank statements to the lender so they can verify your income and determine how much you can borrow.
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply.
Know more about what people say about us
We’ve helped thousands of home buyers just like you. Find out what people are saying about the expert service they’ve found at USA Mortgage!
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SCHEDULE CONSULTATION
Ready to apply for your VA Home Loan?
SCHEDULE CONSULTATION
Ready To Apply For Your Bank Statement Loan?
Getting approved for a bank statement loan begins with taking a look at your unique situation and then building a roadmap to help get you to homeownership. Schedule a consultation today to start!
QUESTIONS & ANSWERS
We’re Here To Find You The Answers You Need
LET’S GET STARTED!
Ready to secure a VA Home Loan of your very own?
LET’S GET STARTED!
Ready to secure a VA Home Loan of your very own?
I work for a VA-approved lender and I’ve worked with hundreds of veterans, servicemembers, and their families to help them unlock the door to the home of their dreams.
Samuel Borthwick
(206) 853-4447
Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the Nevada Department of Veterans Services, the US Department of Agriculture, or any other government agency. No compensation can be received for advising or assisting another person with a matter relating to veterans’ benefits except as authorized under Title 38 of the United States Code.
*Guaranteed Rate, Inc. has no affiliation with the US Department of Veterans Affairs. Conditions apply.
Ready to apply for your home financing loan?
Ready To Apply For Your Home Loan?
Your path to ownership is just one click away! Schedule a complimentary consultation now so we can take a look at your specific needs and find the perfect home loan for you!
*This is not a commitment to lend. The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, and hazard insurance. The borrower must maintain the home. If the borrower does not meet these loan obligations, then the loan will need to be repaid. Otherwise, the loan must be repaid when the last borrower passes away or sells the home. Prices, guidelines and minimum requirements are subject to change without notice. Some products may not be available in all states. Subject to review of credit and/or collateral; not all applicants will qualify for financing. It is important to make an informed decision when selecting and using a loan product; make sure to compare loan types when making a financing decision. This material has not been reviewed, approved or issued by HUD, FHA or any government agency. <COMPANY NAME> is not affiliated with or acting on behalf of or at the direction of HUD, FHA or any other government agency. To find a Reverse Mortgage counselor near you, search the HECM Counselor Roster at https://entp.hud.gov/idapp/html/hecm_ agency_look.cfm or call (800) 569-4287
Charges such as an origination fee, mortgage insurance premiums, closing costs and/or servicing fees may be assessed and will be added to the loan balance. The loan balance grows over time, and interest is added to that balance. Interest on a reverse mortgage is not deductible from your income tax until you repay all or part of the interest on the loan. Although the loan is non-recourse, at the maturity of the loan, the lender will have a claim against your property and you or your heirs may need to sell the property in order to repay the loan or use other assets to repay the loan in order to retain the property. You should know that a reverse mortgage is a negative amortization loan which means that your mortgage balance will increase while your home equity decreases if you do not make principle and interest payments on your loan. This may make it more difficult to refinance the loan or to obtain cash upon the sale of the home. However, you will never owe more than the home is worth when the loan is repaid.
