Bank Statement Programs
ResiCentral’s Bank Statement mortgage program is ideal for self‑employed borrowers who require an alternative method to demonstrate their company’s genuine cash flow. Borrowers are not required to hold 100% of the company.
Bank Statement Elite
- Loans up to $2.5 million with a minimum of $150,000
- Max cash out $500,000
- 12 months business or personal bank statements
- 4 years seasoning for foreclosure, short sale, bankruptcy or deed‑in‑lieu
- 30‑year fixed personal and business
- 30‑year with I/O personal and business
- Two years self‑employed required
- Non‑warrantable condos allowed
- Purchase and cash‑out or rate‑term refinance
Bank Statement Premier
- Loans up to $3 million with a minimum of $150,000
- Max cash out $1 million
- 12 months business or personal bank statements
- 1 year seasoning for foreclosure, short sale, bankruptcy or deed‑in‑lieu
- Fixed ‑ 30‑year fixed, 30‑year IO and 40‑year IO
- ARM ‑ 5 yr, 5 yr with I/O, 7 yr, and 7 yr with I/O
- Two years self‑employed required
- Non‑warrantable condos and condotels allowed
- Purchase and cash‑out or rate‑term refinance
- Owner‑occupied, second homes, and non‑owner occupied
Let us exceed your expectations
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