Skip to main content

Saved A Deal For A Self-Employed Borrower Lately? You Could Have!

A Common Challenge that has been presented to us many times involves a self-employed borrower turned away by another lender because their tax returns do not satisfy the ability-to-repay rule. Typically, they are applying for a conforming loan held to guidelines established by Fannie Mae and Freddie Mac. Tax write-offs and incentives that are allowed can reduce income significantly which means their tax returns may not show their true financial situation. 
​​​​
The Solution might be our Bank Statement loan that allows qualification based on personal or business bank statements and does not require tax returns. We review, analyze and calculate income letting you know upfront the income we will use. We have saved many of these deals resulting in increased volume and referrals for the broker. 

Bring your self-employed borrowers to us for an easy process and quick close!

Highlights:

  • Up to 90% LTV, no MI
  • Loans up to $3 million and minimum loan of $150,000
  • 12 or 24 months business or personal bank statements
  • Purchase and cash-out or rate-term refinance
  • 40 year fixed interest only available
  • 1099 option available
EXPERIENCE THE DIFFERENCE WITH
ANGEL OAK MORTGAGE SOLUTIONS