Bank statement loans in South Florida are ideal for those who do not have traditional W2 jobs, such as business owners, realtors, consultants, restaurant owners, and gig economy workers (with a valid business license). With bank statement loans, borrowers can use their bank statements to prove their ability to repay the loan amount. However, self-employed borrowers must show proof of being self-employed for at least two years.

If you’re a business owner with at least two years of experience in the same line of work, you may qualify for an exception to this requirement. Our bank statement mortgage program allows non-traditional borrowers to access home financing with non-QM, nontraditional, or expanded criteria loans that allow other forms of documentation to prove their ability to repay.

At Us Invest Financial, we understand that self-employed individuals and small business owners have unique financing needs. That’s why we offer bank statement loans in South Florida to help non-traditional borrowers achieve their dreams of homeownership. Contact us today to learn more about how our bank statement loan program can help you.

As a business owner, you can qualify for bank statement loans in South Florida by showing 12 to 24 months of P&L (profit and loss) statements. A Certified Public Accountant prepares these statements and demonstrates your business’s financial performance. Not all business owners are required to present P&L statements, but they can be a helpful tool to prove your ability to repay the loan.

Bank statement loans are non-QM loans that offer more flexible eligibility criteria than traditional mortgages. Us Invest Financial, we specialize in helping borrowers find the best loan options with favorable terms based on their unique circumstances. Our bank statement loan program is designed to help self-employed individuals, business owners, and gig economy workers in South Florida access home financing with nontraditional documentation requirements.

Whether you’re looking to purchase a new home or refinance your existing home, our experienced team can guide you through the bank statement loan process and help you find the right solution for your needs.

The lender does not need to look at your tax returns or your tax transcripts. Bank statement loans are an excellent option for self-employed individuals who want to purchase a home but cannot qualify for traditional loans due to the lack of W2 jobs. With bank statement loans, borrowers can provide regular monthly income deposits instead of tax returns, making it easier for them to prove their ability to repay the loan.

The lender will review 12 or 24-month bank statements to approve the loan and may consider foreign bank statements and foreign assets if they are translated into English.

It is important to note that bank statements from multiple bank accounts can be used, but they cannot be a combination of personal and business accounts. At Us Invest Financial, we help our clients find the best loan options for their individual circumstances. Contact us today to learn more about our bank statement loan programs in South Florida.

Looking for a bank statement home loan in South Florida? With as little as 10% down, you can get approved for a loan of up to $5 million! And if you’re looking to do a cash-out refinance, you can access up to 80% of your property’s value. While interest rates and down payments may be higher than traditional loan options, Bank Statement Loan works hard to secure competitive rates that fit your individual financial circumstances. So if you’re a business owner or self-employed professional needing a non-QM loan, contact us today and see how we can help you get the financing you need.