Bank Statement Program
Are You Self-Employed?
Although being self-employed comes with many benefits, when looking to purchase a home it can be difficult to get approved. In order to make your process as smooth and streamlined as possible, CrossCountry Mortgage, Inc. has implemented a program to help counteract these issues. We offer a Bank Statement Program for self-employed borrowers as well as those whose employment histories and tax returns may not reflect their viability for a mortgage.
- Personal bank statements (24 months)
- No tax returns required
- Borrow up to 80% of the value of the home
- Debt-to-income ratio up to 50%
- Loans up to $2 million
- For primary and secondary homes and investment properties
- Non-warrantable condominiums
- 30-year fixed rate — no pre-payment penalty