When Banks Say NO! We Say YES!
®
SELF-EMPLOYED STATED INCOME LOAN
Self-Employed - Stated Income Loan program requiring only One Months Bank
Statement.
If you have been self-employed for at least two years, have a 700-middle credit score, no credit events, a 30
percent down payment, borrowing anywhere from $250,000 to $3 million on a single unit, owner-occupied
property, enjoy rates in the 5’s, show one bank statement and are willing to attest and declare your income
THEN YOUR GOOD TO GO!
Program Guidelines
Requirements:
Last month’s personal account bank statement
Must be Self Employed or 1099
You must attest and declare your income
700 minimum middle credit score
70% LTV max purchase
65% LTV max refi (R/T & Cash out)
Loan Amount $250,000 to $3,000,000
Rates in the low 5’s for 50% LTV up to high 5’s for 70% LTV
Reserve funds are not required
Restrictions:
Single Family Home / Condominium / Townhouse only
No charge offs, collections, or tax liens
No first-time home buyers
Owner occupied only
U.S. Residents Only
24 month recent mortgage history required
No Delinquency payments in last five (5) years
Bk 3-years, FC-3 years and Short Sale 2-years
