{"id":48,"date":"2023-12-12T11:56:50","date_gmt":"2023-12-12T11:56:50","guid":{"rendered":"https:\/\/nysck.com\/noIncomemortgage.com\/?page_id=48"},"modified":"2024-04-18T13:44:59","modified_gmt":"2024-04-18T13:44:59","slug":"bank-statement-mortgage-program","status":"publish","type":"page","link":"https:\/\/nysck.com\/noIncomemortgage.com\/bank-statement-mortgage-program\/","title":{"rendered":"Bank Statement Mortgage Program"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;inner-common-banner&#8221; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/nysck.com\/noIncomemortgage.com\/wp-content\/uploads\/2023\/12\/bg-img1.jpg&#8221; parallax=&#8221;on&#8221; custom_padding=&#8221;120px||120px||true|false&#8221; global_module=&#8221;844&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|tablet&#8221; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;70px||70px||true|false&#8221; custom_padding_tablet=&#8221;56px||56px||true|false&#8221; custom_padding_phone=&#8221;56px||56px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;3_5,2_5&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Product Sans Bold||||||||&#8221; header_3_text_align=&#8221;left&#8221; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; custom_margin=&#8221;||10px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; header_3_font_size_tablet=&#8221;36px&#8221; header_3_font_size_phone=&#8221;30px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Bank Statement Mortgage Program<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;17px&#8221; custom_margin=&#8221;||15px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\"><span>Self-employed clients have unique financing needs that require flexibility, which is why we provide a Bank Statement Program. This program allows self-employed borrowers to qualify for a loan by submitting 12 consecutive months of business bank statements instead of tax returns.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span>Options available for 12 and 24 months<\/span><\/li>\n<li><span>Eligible to use 100% of deposits on personal account<\/span><\/li>\n<li><span>Eligible to use 50% of deposits on business account, or up to 90% with a CPA letter<\/span><\/li>\n<li><span>Maximum loan amount of $4 million<\/span><\/li>\n<li><span>Minimum FICO score of 640<\/span><\/li>\n<li><span>Maximum LTV of 90%<\/span><\/li>\n<li><span>Maximum DTI of 50%<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span>If you are self-employed and meet the criteria for our Bank Statement program, please\u00a0reach out\u00a0to our loan consultants to discuss your specific scenarios. We offer a few bank statement programs including a 3-month bank statement program and a 24-month program which works the same as the 12-month program but has better interest rates.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/nysck.com\/noIncomemortgage.com\/wp-content\/uploads\/2024\/03\/Side_Banner_15.png&#8221; title_text=&#8221;Side Banner&#8221; url=&#8221;https:\/\/nysck.com\/noIncomemortgage.com\/contact-us\/&#8221; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|17px|17px|17px|17px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank Statement Mortgage ProgramSelf-employed clients have unique financing needs that require flexibility, which is why we provide a Bank Statement Program. This program allows self-employed borrowers to qualify for a loan by submitting 12 consecutive months of business bank statements instead of tax returns. Options available for 12 and 24 months Eligible to use 100% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-48","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/pages\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":16,"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/pages\/48\/revisions"}],"predecessor-version":[{"id":1165,"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/pages\/48\/revisions\/1165"}],"wp:attachment":[{"href":"https:\/\/nysck.com\/noIncomemortgage.com\/wp-json\/wp\/v2\/media?parent=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}