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24 Bank Statement Loan Program:

Purchase your Dream Home with only 24 Month Bank Statements

Portfolio

If you own your own business or are self-employed, you know that getting a mortgage can be difficult. Regardless of what you reported for income if tax write-offs make your business profitability low, 24 Bank Statement Loan Program will be your golden opportunity.

Clear Lending offers the 24 Bank Statement Loan Program for borrowers whose taxes do not necesarily reflect their true purchasing power and thus their ability to repay the purchase of a house that might be right for you.

The 24 Bank Statement Loan Program, whether personal or business bank statements, is the perfect program for those potential borrowers whose taxes may include an elevated amount of deductions but their company has recently become more profitable. For those cases where borrowers dont want to wait to file following years' taxes and wish to take advantage of qualifying right away, this program is the solution.

While this program is a portfolio loan program and thus doesnt have uniform underwriting guidelines for all applicants, the size and consistency of deposits from month to month is important when evaluationg qualifying options.

The basic requirements to apply for the 24 Bank Statement Loan Program are:

- 24 months consecutive bank statements personal or business.
- Typically a deposit average of $10,000/month if personal bank statements or $20,000/month if business bank statements.
- Two years of self-employement evidenced by a license, DBA, Corporation or any other legal document evidencing the registratiomn of a business if using business bank statements.
- Citizen, Resident or current Visa for non-permanent US residents.
- Credit scores of 550+ for Primary Occupancy Residency Purchases.

Loan Program Highlights:

• Purchase or refinance loans available for owner-occupants and investors of 1-4 units, townhouses, approved condos or PUDs.
• Purchase or refinance of single family second homes.
• Financing traditionally up to a max 90% loan-to-value with 700+ scores. Gift funds are allowed after the borrower’s required contribution.
• Seller contributions allowed depending on down payment and occupancy.
• Co-signers are allowed to help buyers qualify for single family residences.
• Loans from $200,000 to $5,000,000. Smaller loan amounts on a case-by-case basis.

Benefits of 24 Bank Statement Loan Program:

• No mortgage insurance even with 10% down payment.
• Available to purchase second homes or investment properties.
• Greater loan limits.

Don't wait any longer and find out how much you can get Pre-Approved for.

Whether you are considering purchasing or refinancing with a 24 Bank Statement Loan Program, Clear Lending can help you. Simply complete our secure and encrypted Pre-Approval Form online and we will contact you right away to review best options for you.

Not all applicants will qualify. This advertisement is not an offer for an extension of credit. Please meet with a licensed loan originator for more information as programs are available only to qualified borrowers. Programs rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to underwriting guidelines and program guidelines and are subject to change without notice. Some restrictions may apply.

Customers Reviews:

  • Julio Gomez • October 09, 2016

    It was great to have Clear Lending support to achieve my objectives. My Family and I contacted Clear Lending from Indonesia for primary home mortgage. All the process was completed remotely by email and Whatsapp. Upon getting the credit approval, we chose our new home and closed the purchase successfully and timely. My Family and I are very lucky to count on you and we wish to thank you for a fantastic services and for your guidance and advise.

  • Fernando & Araceli • January 14, 2016

    Dear Joan,

     

    I am writing you to say Thank You for making our dream come true. My family and I appreciate all the time and effort that you gave on this journey of helping us towards acquiring our dream house. We thank you for all the phone calls that you made including those at late hours, the letters that you wrote, for helping us with our credit, for all the updates, for taking the time on the negotiation to get the price to a fair point, and for going above and beyond in this process. We will definitely recommend you to anybody that is seeking help in buying their own new home. I am grateful that you were the one by our side during every step of the way.

     

    Many thanks from Fernando and Araceli.

  • David Diaz • June 09, 2016

    Great and very professional experience. They stay true to their slogan Grandiosa Experiencia muy profesional trabajo, Gracias

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