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Many self-employed individuals have a difficult time qualifying for mortgage financing. Most banks require self-employed borrower to provide two years of recent tax returns and will look at the net income (after deductions and write-offs) reported on the returns. We will allow for the use of bank statement deposits to qualify, without the need to review tax returns. Our loans for self-employed borrowers do not require tax returns.

• Tax returns are not required
• Qualify using 12 months of business or personal bank statements
• Use 100% of deposits into personal accounts
• Use 50% - 85% of deposits into business accounts
• As little as 10% down payment required
• Loans up to $6 Million, larger by exception

Perfect for self-employed buyers who do not show enough net income on tax returns to qualify for traditional financing.

Asset Depletion

Some borrowers may have significant liquid assets, but do not show enough income on their tax returns to qualify for conventional financing. Although these buyers may have the ability to purchase all cash, they may want to obtain a mortgage and preserve liquidity. In these circumstances, we use a common-sense approach. Our asset depletion loans do not require tax returns.

• Tax returns are not required
• If buyer has liquid assets exceeding 110% of the purchase price, income verification is not required.
• Borrowers get credit for all liquid assets, including retirement accounts, brokerage accounts, cash value of life insurance policies, and more.
• Loan amounts up to $6 Million; higher loan amounts considered
• Down payments as low as 15%
• Minimum FICO score 620
• Foreign nationals allowed up to 70% LTV

Perfect for buyers with significant liquid assets who may not have enough taxable income to qualify traditionally.