It’s time for business owners and the self-employed to buy a home or get the refinance that their income actually deserves. The Bank Statement Mortgage from The Home Loan Expert, LLC is changing the game for home buyers that have trouble showing their income in a traditional W2 by using your bank statements as your income verification. Your mortgage is now based on your actual income!
Business owners and self-employed borrowers have always had a catch-22 when it comes to mortgages. You want to write off as much as possible on your taxes, and that is the right thing to do for you and your business. Business expenses are there to be written off, and it’s the only way to survive as a small business owner.
However, this just absolutely kills your income for getting a mortgage.
You have had to make a choice between saving money on your taxes and buying the home of your dreams, but those days are over. The Bank Statement Mortgage is an exciting new product that uses your bank statements to prove your income, meaning that you can finally have a healthy business and a great mortgage.
Everyone from Doctors and Lawyers to Artists and Web Designers can now get the right mortgage for their needs.
Check out the highlights of our Bank Statement Mortgage:
- No Tax Returns or Tax Transcripts required ever
- Income is calculated using average deposits in your bank account
- 12 or 24 months Personal Bank Statements
- 24 Months Business Bank Statements
- Purchase a new home with as little as 10% Down
- Rate and Term Refinance up to 90% of your home’s value
- Cash out Refinance up to 85% of your home’s value
- Loan amounts from $100,000 up to $2.5 Million
- Debt to Income Ratios up to 55%
- Adjustable and Fixed Rate Options Available
- Interest Only Options Available
- Must be Self Employed for 2+ years
Call The Home Loan Expert Team in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515, Nashville at (615) 810-8555 or Birmingham, AL at (205)721-7656. You can always apply online at hero.loan for your VA Loan, and www.thehomeloanexpert.com for your other mortgage needs, and we’re also open on Saturdays and will come to you to help close your loan. We work hard to make it easy on you. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?