The solution is to utilize a bank statement loan which essentially allows you to qualify for a mortgage based on the revenue your business produces as opposed to the profit reported on taxes.
Aside from a larger loan amount approval, bank statement loans are not subject to the scrupulous underwriting guidelines set forth by Fannie Mae and Freddie Mac, therefore this allows for a much more streamlined escrow since the papertrail is very limited. Typically, an initial approval can be sent out within one day from applying.
Complete the loan application below and schedule a time for us to connect and review your application together
VirtuaLending | NMLS #2015906
Isaac Sanchez | NMLS #1992428
9267 Haven Ave, 220,
Rancho Cucamonga, CA 91730
(NMLS Lic. #2015906) Is an equal housing lender. This is not a commitment to lend or extend credit. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. All rights reserved. Contact us for details. Consult your accountant about tax deductions. NMLS Consumer Access