Flexible Financing with Bank Statement Loans

For self-employed individuals, securing a traditional mortgage can be challenging due to fluctuating income and lack of standard documentation. CTR Mortgage Brokers offers specialized bank statement loans tailored for the self-employed, simplifying the process and focusing on your cash flow rather than traditional income verification.

What Are Bank Statement Loans?

Bank statement loans, designed specifically for the self-employed, use your bank statements to verify income instead of traditional W-2s or tax returns. This program is ideal for those with irregular income who may not meet the strict criteria of conventional loans. By reviewing 12 to 24 months of personal or business bank statements, lenders can assess your ability to repay the loan, providing a more flexible and realistic approach to income verification.

Benefits of Bank Statement Loans

Our bank statement program offers numerous benefits for self-employed borrowers, including:

• Flexible Income Verification: Qualify based on your bank statements, not just tax returns or W-2s.
• Higher Loan Amounts: Potential for higher loan limits than traditional mortgages.
• Competitive Rates: Enjoy competitive interest rates tailored to your financial situation.
• Simplified Process: Streamlined application and approval process focused on your cash flow.

How to Qualify for a Bank Statement Loan

To qualify for a bank statement loan, you’ll typically need:

• 12 to 24 Months of Bank Statements: Personal or business accounts showing consistent deposits.
• Good Credit Score: A higher credit score increases your chances of approval and better terms.
• Proof of Self-Employment: Documentation to verify your business ownership or self-employment status.

At CTR Mortgage Brokers, we guide you through the qualification process, ensuring you understand all requirements and have the necessary documentation.

Why Choose CTR Mortgage Brokers?

At CTR Mortgage Brokers, we specialize in helping self-employed individuals secure the best loan options. Our expertise in bank statement loans ensures you receive personalized service, competitive rates, and a smooth application process. We work with a wide network of lenders to find the best fit for your financial needs, helping you achieve your homeownership goals with ease.

Bank statement loan FAQs