Do you have a buyer that’s self-employed and worried about financing? No worries, Key Mortgage is here to help! We have loan options for eligible self-employed borrowers that accept personal or business bank statements to calculate income without requiring tax returns. Available for the purchase of a home or refinance an existing property:
- Primary, second home, or investment properties
- Single family, townhomes, or condos
Here are the details:
- We look at the cash flow through the bank statement — no tax returns required
- LTV up to 90%
- FICO score as low as 720
- We do verify the business is still in existence
- No prepayment penalties
Another plus? They can refinance at any time with no penalties.
For more information about how we can help your self-employed buyer, reach out to one of our Key Mortgage loan officers today!