Bank Statement Mortgage Program

Mortgage Solutions for Self-Employed Borrowers

Angel Oak’s bank statement mortgage program is the perfect option for mortgage broker’s self-employed borrowers who need an alternative method to show the true cash flow of their business. We can offer up to 90% LTV on personal and business and 50% DTI with scores as low as 600.

  • No tax returns required
  • 12 or 24 month personal bank statements
  • 12 or 24 month business bank statements
  • Loans up to $3 million – Minimum $150K
  • Credit scores down to 600
  • Up to 90% LTV on Personal and Business with no MI
  • DTI up to 50% considered
  • Owner-occupied, 2nd homes and investment properties 
  • 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Non-warrantable condos considered
  • Jumbo loans down to 600 score
  • 5/1 ARM or 30-year fixed
  • No pre-payment penalty for owner-occ and 2nd homes
  • Seller concessions to 6% (3% for investment)
  • 2 year self-employed required
t: 855-539-4910