Available for self-employed borrowers with a min FICO score of 650, and have established and maintained an excellent credit and payment history. Simply state your Income on our loan application and verify self-employment for two years. This program is for primary home purchases and refinance.
1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing all of Florida offering over 48 loans programs including Conventional Loans, Non-Conforming Loans, FHA Loans, VA Loans, USDA Loan, Self-Employed Loans, Bank Statement Loans, No-Doc Loans, Reverse Mortgage Loans, ITIN Loans, Rental Investment Loans, to name a few and specializing in Bank Statement Loans or “stated loans” requiring no Tax Return verification and much more. * No broker or lender fees are for FHA,VA, USDA and Conventional loan types Main Office: 2151 Consulate Dr. * Suite 8 * Orlando, FL., 32837 * Telephone (800) 655-1345 * (407) 300-2558 * Fax (877) 401-9955 We are approved lenders for all Government Loans and registered with the Florida Office of Financial Regulation - # MLD106 When Banks Say No ! We Say YES ! ® is a registered trademark owned by 1st Florida Lending Corp.
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STATED INCOME OWNER-OCCUPIED LOANS

Simply State your Income on the loan application (we dont verify) and provide proof of Self-Employment for two years
Program Guidelines & Requirements Two years Self-Employed or 1099 Attest & Declare your income on the loan application For purchases (Max LTV of 75%) Primary Homes only For refinance (Max LTV of 70% rate and term or cash out) Minimum credit score to qualify is 650 No mortgage credit events within the last five (5) years Twenty-four (24) month recent mortgage history required No charge offs, collections, or tax liens in the last three (3) years Maximum loan amount of $5,000,000 Minimum loan amount of $150,000 U.S. residents only Owner-occupied only SFR / Condo / Townhouse Property Types Most recent personal bank statement with positive ending statement Closing Funds may come from the account provided for qualifying income Only a few months bank statements required for proof of funds to close No Reserve funds required Secondary Financing is not allowed Property must be in good condition and conform to the area No rural properties _______________________________________ ***First-time homebuyers qualify...*** 65% LTV Max OR 60% / 80% LTV/CLTV $2,000,000 Max loan amount 24 Month Rental History
Disclaimer: All Loan programs, rates and terms can change without notice and are subject to credit and underwriting approval. Loan charts highlight min/max constraints, assumptions & random scenarios only. We will always work hard to approve your loan but there are no guarantees of any kind expressed or implied that your loan we be approved. © 2007 - 2019 1st Florida Lending Corp. - All rights reserved I Privacy Policy I Terms of Use I
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