THE BANK STATEMENT MORTGAGE - SELF-EMPLOYED HOME LOANS**

Midwest Equity Mortgage LLC is proud to serve self-employed home owners and investors with our Bank Statement Home Loan mortgage programs and products. The Bank Statement Mortgage is designed for those who have been locked out of the home financing market due to the nuances of red tape. If you have been locked out of the market and need to access alternative income qualification options our Bank Statement Mortgage may be the personalized home loan for your needs and should contact Midwest Equity Mortgage, LLC.

If you are self-employed and are finding it difficult to find a lender that can help qualify and underwrite your income situation we could have a solution where no tax returns, K-1s, or 1099s are required.

To apply for a mortgage using your bank statements call us or apply online today and ask about The Bank Statement Mortgage.

Call 866-906-4647, complete our secure online application, or contact us for more information.

With The Bank Statement Mortgage, you need:

  • 12-24 months of bank statements
  • Business or personal bank statements are ok
  • 18 months of self-employment history
  • Not a hard money loan!
  • Flexible credit requirements
  • Past credit events such as bankruptcy or foreclosure are OK!

Considerations:

  • Higher down payments or equity positions required.
  • Higher costs than conventional rates.
  • Qualify on revenue in lieu of revenue

Home Loan Financing for Home Purchases

Purchase a new home or grow your real estate portfolio! Midwest Equity Mortgage, LLC and The Bank Statement Mortgage can help you turn realize your dream. Our experienced self-employed mortgage professionals will find amazing home loan options available to help you purchase.

Explore your home loan options

We will help you choose the right rate and mortgage term that works for you.

Get Approved Today!

Call 866-906-4647, complete our secure online application, or contact us for more information.

THE BANK STATEMENT MORTGAGE FAQ

Call today and ask about The Bank Statement Mortgage program. Additional terms and conditions may apply.

Complete our secure online application or contact us for more information.


Are these mortgages for the self-employed?

Yes.

What types of properties are eligible for these loans?

The Bank Statement Mortgage works with eligible single family homes, condos, PUDs, vacation homes, and investment/rental properties.

Can the Bank Statement Mortgage be used for an investment property?

Yes!

Are Bank Statement loans available through the FHA?

No, The Bank Statement Mortgage is not affiliated in any way with the FHA, HUD, or VA.

Are there any laws against mortgages being issued to borrowers wit bank statements?

Making a portfolio mortgage loan is not illegal. 

How long does the process take?

Typically less than 30 days!

How do I get started?

Call 866-906-4647, complete our secure online application, or contact us for more information.

Our website is secure, using SSL technology, to ensure your information is kept confidential.

If you need an Bank Statement Mortgage in Chicago, Bank Statement Mortgage in Illinois, Bank Statement  Mortgage in San Diego, Bank Statement  Mortgage in Los Angeles, Bank Statement Mortgage in California, Bank Statement Mortgage in Denver, Bank Statement Mortgage in Colorado, Bank Statement Mortgage in Miami, Bank Statement Mortgage in Tampa Bay, Bank Statement  Mortgage in Florida, then call now!!

**  Low Doc programs may have a higher interest rate, more points, or more fees than other products requiring full documentation.

 

Ready to Secure a Great Rate on a New Home Loan? Let's Go »


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