Bank Statement Program
BANK STATEMENT OR P&L PROGRAM
A MORTGAGE FOR THE SELF-EMPLOYED
With seven methods for calculating income, FundLoans can maximize self-employed borrowers' business earnings to qualify them for this industry-leading bank statement program. Multiple businesses? No problem. We'll even included a spouse's W2 income if needed.
- No tax returns necessary
- Qualify with 12- or 24-month bank statements
- Qualify with P&L only. Include assets if needed.
- Loan amounts from $300K to $6MM
- Up to 90% LTV
- Minimum credit score: 620 FICO
- 30 or 40 year fixed rate
- Interest-only payment option available
- Primary residences, second homes, or 1‐4 unit investment properties