About this document
12-Month Bank Statement Loan Program by sabareesh5357 is a document available to read on EtoBox.
The 12 Month Bank Statements Program allows self-employed borrowers to obtain loans without tax returns or IRS form 4506-T, using 12 months of personal bank statements and a borrower-prepared Profit & Loss statement for income verification. The program offers a maximum loan amount of $2.5 million with varying loan-to-value ratios based on credit scores, and allows cash-out refinancing without seasoning requirements. Additional eligibility criteria include a minimum FICO score of 620, maximum debt-to-income
- Author
- sabareesh5357
- Language
- EN