current mortgage rates Tampa FL

3 Month Bank Statement

Loan Trust offers a loan solution for self-employed borrowers who would rather show bank statements than tax returns.  Click here to get a rate quote.

What is a bank statement loan?

A bank statement loan is popular among self employed borrowers and independent contractors.  This loan program is also know as a stated income program basically meaning you will not have to provide the standard financial documents such as tax returns, W-2’s or paystubs, but you can use bank statements for proof of income.  Although it’s view differently but it’s actually a cash flow loan, similar to business loans for debt financing. 

What are the qualifying guidelines for the 3 month bank statement loan?

3 Month Bank Statement


Max of LTV/CLTV/HCLTV is 60.01 – 65, And FICO is 740-759

Max of LTV/CLTV/HCLTV is 60.01 – 65, And Income Verification Type is 3 Mo. Bank Statements w/ P&L