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E015: Bank Statement Loan for Self-Employed Borrowers

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Manage episode 215782718 series 2428571
Content provided by Adam Lesner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Lesner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you are self-employed or a private contractor, this is the episode you need to hear. I dive into exactly how to get approved for a mortgage with a bank statement loan, and no tax returns are required. Unfortunately, so many times business owners are told they do not qualify for a mortgage because of the way they show their income on their tax returns. With a bank statement loan your income is calculated by averaging your deposits over a 12 or 24 month period. You can use personal bank statements or business bank statements. Everything you need to know about getting a bank statement loan in today’s Mortgage Guide Podcast. Learn more at BalanceProcess.com/bank-statement-loan

  continue reading

55 episodes

Artwork
iconShare
 
Manage episode 215782718 series 2428571
Content provided by Adam Lesner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Lesner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you are self-employed or a private contractor, this is the episode you need to hear. I dive into exactly how to get approved for a mortgage with a bank statement loan, and no tax returns are required. Unfortunately, so many times business owners are told they do not qualify for a mortgage because of the way they show their income on their tax returns. With a bank statement loan your income is calculated by averaging your deposits over a 12 or 24 month period. You can use personal bank statements or business bank statements. Everything you need to know about getting a bank statement loan in today’s Mortgage Guide Podcast. Learn more at BalanceProcess.com/bank-statement-loan

  continue reading

55 episodes

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