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Bank Statement Loan

February 7, 2019 — 2 min read

Pacific Residential Mortgage's Bank Statement Loan for Self-Employed Applicants

We're excited to introduce our Bank Statement Loan, an alternative program specifically designed for your self-employed clients. Instead of tax returns, we use your client's bank statements to analyze cash flow to qualify them for a mortgage.

Bank Statement Loan:

  • Fixed and adjustable rates available
  • Three different bank statement options used for income calculation*:
    • 24 months of business bank statements
    • 24 months of personal bank statements
    • 12 months of personal bank statements
  • Loan amounts available up to $2.5 million
  • Single Family Residences, including Condos, Non-Warrantable Condos, and Townhomes
  • Owner Occupied and Second Home
  • Interest only option available

Does the Bank Statement Loan sound like the right fit for you? Contact us or fill out the form below today! We are always here to help!

*Requirements vary based on your credit score and the amount of your loan compared to the value of the home (LTV).
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