6 years ago
Self-Employed Borrowers Can Now Use Bank Statements as Income
This is a great option for anyone who is self-employed and can't prove their income with tax returns or W-2s. If a self-employed individual used their tax returns as proof of income they may not qualify for enough, however, with this program, lenders go on bank statements so they see what actually gets deposited into your personal or business account and then go on that to offer pre-approval for a home loan.
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