Portfolio Loans are Back!! With--12-24 Month Bank Statement Program - Must be self employed
This extremely rare program will allow you to get more borrowers approved without showing Tax Returns which some self employed borrowers have difficulties qualifying with.
This is a TRUE Portfolio Product with options with zero points charged & interest rates ranging from 4.875%-6.875% depending on scenario and ltv.
Here is the basic information on this very unique program:
Must be self employed
12-24 month average of bank account deposits as income to qualify
80% LTV
30 year fix or 5/1
680 Fico Requirement(now taking lower fico scores)
Owner Occupied, 2nd Home or Investments up to 4 units
Interest Only available