https://www.wsj.com/articles/mortgage-rates-hit-4-99-dropping-below-5-for-first-time-since-april-11659621623?st=rl1cpfet6nerj0l&reflink=desktopwebshare_permalink Mortgage Rates Drop Below 5% for First Time Since April Rates hit 4.99%, falling…
WOW! Now Only One Month Bank Statement Available
The One-Month Bank Statement Program Details:
Brand new loan just released only requires one month Bank Statement! This loan is for Self Employed Borrowers (two-year history required by (i) CPA Letter or (ii) Business License) that are US Residents. The borrower’s Income is ATTESTED to and DECLARED, There is a minimum down payment of 30% for a purchase or 35% for a refinance. The minimum credit score is 700. Borrowers with a minimum credit depth of five (5) years with a minimum of three (3) accounts, each paid as agreed. No credit events within the last five (5) years including consumer and mortgage (minimum twenty four (24) month recent mortgage required). No charge offs, collections, or tax liens. Maximum loan amount of $3,000,000. Minimum loan amount of $250,000. This is for Owner Occupied transactions. Eligible Property types include Single Family Residence, Condo and Townhomes. The most recent personal account’s bank statement with no NSF’s and positive ending statement is required. Reserve funds are not required. No first-time home buyers.