Are you looking for a bank statement mortgage loan in Ohio?
I can help!
I am a full service mortgage broker with access to 110 mortgage lenders. Several of these mortgage companies have bank statement programs.
Bank statement loans (also called bank statement mortgage loans or bank statement programs) are one of the most popular Non QM mortgage programs available to self employed home buyers in Ohio.
These programs offer the opportunities for home ownership to self employed borrowers in Ohio who do not qualify for a regular mortgage due to having too many deductions on their tax returns.
Minimum Down Payment: Varies per lender but 10% down is the lowest that I am aware of
Minimum Credit Score: Non officially but it’s very hard to get approved if your score is below 620
A bank statement loan is a Non QM mortgage loan that uses bank statements instead of pay stubs and W2’s to qualify the borrower.
Yes, bank statement loans are only for self employed borrowers.
On an Ohio bank statement loan, the underwriter uses the deposit history to determine the qualifying income.
This varies by lender but we have lenders that can qualify someone for a bank statement loan with as little as 12 months of self employment history.
This varies per lender but the lowest that I’m aware of is a 620 score.
This varies per lender but the lowest down payment that I’m aware of is 10% down.
I’m licensed to lend anywhere in Ohio including Dayton, Cincinnati, Columbus, Cleveland, Toledo and Youngstown and everywhere in between.
Yes, I’m currently approved to offer bank statement mortgage loans in 40 states.