Personal or business statements
Programs may review 12 or 24 months of eligible statements and apply an expense factor or other method to estimate usable income.
Business activity must make sense
Deposits, transfers, unusual activity, ownership, time in business, and expense documentation may need verification.
Expect different terms
Down payment, credit, reserves, rate, fees, and property requirements may differ from agency financing.
Compare standard first
I will evaluate traditional and alternative documentation so tax-return add-backs or another standard option are not missed.
Your next step
Let’s talk about what this means for you.
You do not have to figure out every mortgage detail on your own. Tell me the goal and we can work through the questions.
Ask Marta a question