florida

Are you self-employed or 1099 wage earner and having a hard time getting pre approved for a Florida mortgage?  We know the story. They have a great top line, but after the accountant works their magic there isn't much adjusted gross income left to by a Florida home. Florida Mortgage Lenders has the answer...

FLORIDA BANK STATMENT ONLY MATRIX

Bank Statment Only Florida Mortage Lenders2

0. Apply Now

FLORIDA BANK STATMENT ONLY MORTGAGE LENDERS DETAILS INCLUDE:

  • 2 Years Self Employed Required!
  • Bank statement deposits used to qualify!
  • No tax returns required
  • 24 months personal bank statements (Personal and Business)
  • Loans up to $2 million
  • Credit scores down to 500
  • Rates starting in the 5’s
  • Up to 85% LTV
  • DTI up to 50% considered
  • Owner-occupied, 2nd homes, and investment properties
  • 2 years seasoning for foreclosure, short sale, BK, DIL
  • Non-warrantable condos considered
  • Jumbo loans down to 660 score
  • 5/1 ARM or 30-year fixed
  • No pre-payment penalty for owner-occ and 2nd homes
  • SFRs, townhomes, condos, 2-4 units
  • Seller concessions to 6% (2% for investment)

Our 24-month business or personal bank statement Florida Loan Program

KEYPOINTS

  1. 50% OF TOTAL BUSINESS DEPOSITS = Florida Bank Statement Mortgage Lenders will use 50% of the total deposits over a 24 month period if using business bank statements.

OR

  1. 100% OF TOTAL PERSONAL DEPOSITS = Florida Bank Statement Mortgage Lenders also will accept 100% personal bank statements for the sole proprietor borrowers or 1099 wage earner. 24 months of personal and we will count 100% of the deposits.

IMPORTANT TO NOTE:

Bank statement loan to value and rate will vary depending on score and loan size.

From a 600 to 649 the LTV available is 75%.

Greater than 650 the LTV goes up to 80% with a very beneficial price break for those with scores over 700.

To learn more about the bank statement loan program or any of the other alternative financing programs available through Florida Mortgage Lenders.

1STARTNOW

www.Florida-Mortgage-Lenders.com

POPULAR BANK STATMENT ONLY MORTGAGE LINKS 

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CREDIT REQUIREMENTS

FHA MORTGAGE

550 MIN FICO

PORTFOLIO MORTGAGE

NO MINIMUM

VA MORTGAGE

550 MIN FICO SCORE 

USDA LOANS

580 MIN FICO SCORE 

FANNIE MAE.

620 MIN FICO SCORE 

FREDDIE MAC

620 MIN FICO SCORE 

CALL NOW!

954-667-9110

Apply Now!

CLICK HERE
Reviews on Zillow
1399173
"Thomas went above and beyond to get our mortgage approved. We had a couple of "hiccups" with our VA financing and Thomas was able to get them resolved ... more "
5.0/5.0
by lbaze2008
1375949
"I was hesitant to utilize someone from the internet to obtain my home loan. I even let my real estate agent talk me into going with someone local ... more "
5.0/5.0
by rmac333
1345066
"Thomas martin was a great help with our mortgage . it was a stressful time in our life , but Thomas remained calm through out the whole process which ... more "
5.0/5.0
by zuser20140303145114251