- Non-QM loans and bank statement Mortgage loans for self-employed borrowers have returned
- Traditionally, Jumbo loans are much more difficult than standard conventional loans
- Large loans for self-employed borrowers with creditworthiness up to 500 FICO are now available to eligible borrowers
- The minimum down payment required for large loans for self-employed borrowers depends on the results of the loans
- For loans on bank statements for self-employed borrowers, lenders will pay an average of 24 months on deposits from a bank statement
- The average deposit of 24 months is used as a monthly gross income
- Withdrawals from bank statements do not count
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* You want to know more, contact The Gustan Cho Team at 262-716-8151 or send a text message for faster response.
Or write to us at gcho@loancabin.com. We are available 7 days a week, in the evening, on weekends and holidays.
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All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Loan Cabin, Inc. and GCA does not guarantee the quality, accuracy, completeness or timeliness of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error-free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Loan Cabin, Inc.. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.
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