Being Self Employed does not stop you from qualifying to buy a house

The rules are different when it comes to self employment. But don’t fear, you are at the right place to make sure we maximize the usable income that you work hard for. You can qualify for a standard FHA or Conventional loan.

* Step 1 – Lets go over your tax returns

* Step 2 – We need to the how your company is structured and how you receive your income to pay bills.

More and more Americans are becoming self-employed and might need to use alternative income qualification methods. Through our proprietary product offering, we also offer a Bank Statement Program. This is a great fit for those of you who need to utilize their bank statements, instead of income, to qualify.

Key Features and Benefits of the Bank Statement Loan:

• 12- and 24-month Personal and Business Bank Statement Allowed with Champion Classic
• 24-Month Personal and Business Bank Statement with Achiever Expanded Credit
• 4 Year history of Self-Employment Required
• CPA Letter and P&L Acceptable
• LTV up to 85% with No MI for Champion Classic and Achiever Expanded Credit
• Primary, Second, and Investment Homes
• Loan Amounts up to $3 Mill and DTI to 50% with Champion Classic
• Loan Amounts up to $3 Mill and DTI to 43% with Achiever Expanded Credit
• Credit Scores as Low as 620 with Achiever Expanded Credit and Champion Classic
• 30-Year Fixed with 10 Year Interest Only Option Available
• Purchase, Rate and Term, Cash-Out Refinance