If you are not able to qualify for a tradional loan with your tax returns we have alternative programs such as bank statements only programs or stated income program that will help you qualify with no tax returns.
With these loans, you must be self employed for at least 2 years and you can qualify with as low as a 620 median credit score. There are couple of different programs. Our first program is a true stated income program (P&L only) 12-24 months P&L prepared by license CPA and business bank statements are NOT required.
Second program requires 12 months personal banks statements or 24 months of business bank statements. We look at the deposits in the account and average them over a 12 or 24 month period. If you can’t furnish these bank statements or the deposits are still too low, we recommend going with the first option (P&L only program)
Fixed rates | Up to 2.5M | Purchase or Refinance
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 1933381
www.nmlsconsumeraccess.org
1055 E Colorado Blvd STE 500
Pasadena, CA 91106
Phone: (424) 332.5517
Info@SignatureHomeMortgage.com
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