Self-employed loans for mortgage brokers — Bank Statement, P&L Only, 1099, and Asset Qualification. Up to 90% LTV, loan amounts up to $4M, min 620 FICO, DTI up to 55%, exceptions available with compensating factors.
Brokers serving self-employed borrowers, business owners, 1099 earners, and clients just missing A-paper.
12 or 24 month bank statements, CPA P&L, 1099, asset depletion, and full doc.
Up to 90% on purchase for qualifying borrowers.