Many Texas self-employed buyers believe that they don’t qualify for a Mortgage because they don’t have the financial documents to prove income. Texas Bank statement mortgage lenders solve this problem. 
Texas Bank Statement Mortgage Lenders

Self Employed Lenders Program Overview
NO TAX RETURNS NEEDED!
QUALIFY USING BANK STATEMENT ONLY
Self-Employed Mortgage Lenders Program Highlights Summary

- Self Employed, No W2 or Tax Returns Required
- Great for business owners with write-offs
- Loan Amounts to $3M
- Use 12 Personal or Business Bank Statements For Income!
- Up to 90% loan to value with no Mortgage Insurance!
- Interest Only Options (30 & 40 Options)
- ARM’s and FIX rates Available
- Personal or Business Bank Statement Options
- W2 or Retired Co-Borrower allowed (blended income). Also, Asset Depletion
- Single Family Homes, Townhomes, Villas, Condos Non-Warrantable condo’s
- Credit scores down to 580
- Owner Occ, 2nd Home and NON Owner Occupied
- Borrowers with up to 20 financed properties
- SFR, Condo, 2-4 Unit and Non-Warrantable Condo
- One Appraisal Up to $1.5M
BANK STATEMENT ONLY SELF EMPLOYED MORTGAGE LENDERS CRITERIA
Credit | Additional Criteria Credit • Minimum FICO: 600 • Housing History: 0x30x24 • Credit Event Seasoning (Bankruptcy, Foreclosure, Short Sale, DIL): 24 Months • Tradelines: At least 2 open and active trade lines that have reported for a minimum of 24 months. 3 for 24 months and Rental History Counts |
Property Type Limitations | • Condo / 2‐4 Unit: 85% Max LTV • Non‐Warrantable Condo: 80% Max LTV • Non‐Warrantable Condo Maximum Loan Amount: $1,500,000 • Rural Property: 80% Max LTV |
Cash out Limit | • Program Maximum limited to 75% of Property Value • Loan Amounts exceeding $1,000,000, Condominiums, and Multi‐Units limited to 70% of Property Value |
Debt‐To‐Income (DTI) | • 50% Maximum DTI • 50% DTI Allowed with the following restrictions: Full Doc Only; 12 months of reserves are required; LTV/CLTV may not exceed 85% • 55% DTI Allowed with the following restrictions: ‐ A minimum of 12 months of reserves are required; ‐ Refinance transactions that do not meet the Net Tangible Benefit definition are not allowed; ‐ LTV/CLTV may not exceed 85%; ‐ Minimum of $3,000 / Month. Add $250 for the first dependent. Add $125 for each additional dependent; ‐ Primary Residence Only; ‐ Allowed for 24 mo Full Income Documentation only ‐ Minimum FICO Score: 680; ‐ First Time Home Buyer not permitted |
Eligible Products | • 30 Year Fixed• 5/1 LIBOR ARM (2/2/5 Caps) • 7/1 LIBOR ARM (5/2/5 Caps) • 15 Year Fixed • 30 Year Fixed ‐ ARM Qualifying Rate: Greater of the Fully‐Indexed Rate or Note Rate ‐ ARM Index: 12 Month LIBOR ‐ ARM Note Margin = 3.75% ‐ ARM Floor = Margin |
Residency | • US Citizen; Permanent resident alien; Non‐permanent resident alien |
Second Homes | • Maximum LTV/CLTV: 80% or program max, whichever is lower |
POPULAR SELF EMPLOYED MORTGAGE LENDERS PAGES
10% Down_Texas-Bank Statement Only Mortgage Lenders
https://www.fhamortgageprograms.com/texas-bank-statement-mortgage-lenders/
2 Years Self Employed Texas Bank statement deposits used to qualify! No tax returns required. 12 months personal bank statements or 24 months Business Statements Loans up to $3 million.Credit scores down to 600.Same Day Approvals Call Now 954-667-9110.
Texas Bank Statement Only Mortgage Lenders
https://www.fhamortgageprograms.com/texas-bank-statement-only-mortgage-lenders-…
Texas Bank Statement Only Mortgage Lenders approve borrower based on a 24 month deposit history. Same Day Approvals! Call Now 954-667-9110.
Bank Statement Only Georgia Mortgage Lenders Self Employed!
https://www.fhamortgageprograms.com/bank-statement-georgia-mortgage-lenders/
The bank statement only mortgage loan program is for home buyers and home owners that have recently turned down by a local bank for lack of income reported. Self Employed Georgia mortgageapplicants can document their income by providing 12 months personal or 24 months business bank statements in lieu of …
Texas Bank Statement Only Mortgage Lenders Archives – FHA …
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Severy All Texas Including Fort Worth Texas, Austin Texas, Dallas Texas, San Antonio Texas, Houston Texas Are you Texas self-employed or 1099 wage earner and having a hard time getting pre-approved for a Texas mortgage? We know the story. They have a great top line, but after the accountant works their magic there …
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