CALL OR APPLY ONLINE
It takes less than 10 minutes to complete our simple, online loan application in order to get the answers you need.
Self Employed Home Loans
Qualify for a home loan using bank statements rather than W2s or Tax Returns. Designed for Self Employed borrowers.
GET STARTED
NEED A BANK
STATEMENT LOAN?
If you are self-employed or own your own business and you don’t have W-2’s or pay stubs, we can help you get approved for a home loan TODAY! A bank statement loan requires only the bank statements of self-employed borrowers to determine if they can produce sufficient income to warrant approval for a mortgage loan. Borrowers are qualified based upon their ability to repay using a 12-to-24-month average of deposits. LTV Up To 85% For Cash Out Or 90% For Home Purchases and interest rates as low as 3.99%! Buy Or Refinance Your Home. No Tax Returns Required!
THREE SIMPLE STEPS
GET APPROVED
Within 24 hours of receipt of your loan application, we will provide you a written offer disclosing all terms in a clear, easy to understand manner.
GET FUNDED
In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.
WHY CHOOSE US?
TESTIMONIALS
Michael is exceptional! He always goes above and beyond and truly cares about his customers. We finally were able to close on our deal after jumping through so many hoops and hiccups with others. Working with Michael was so easy, smooth and most importantly fast. He’s always responding to our calls/texts at any hour of the day. He’s transparent, super knowledgeable and passionate about his industry. If you want top notch customer service and best in class, you have to work with Michael. He’s the best. We will definitely work with him again for all of our future transactions.
In my career, I have never ever dealt with an organization as professional and reponsive!! From start to finish they are superb and honest communicators, who have your interests and concerns foremost in their thinking, and their solutions are spot on. Their promises and timetables were their bond and I couldn’t have been any happier. I rarely give reviews, but when I get platinum service I spread the experience to help others. I can assure you’ll not be disappointed!!
FAQ’s
What is a Bank Statement Loan?
A bank statement loan is an alternative to traditional mortgage products. These loans make it possible to gauge a buyer’s ability to repay a loan based on their bank statements and banking history in place of income that’s reported on W-2’s, pay stubs or tax returns.
Will My Credit Score Impact My Application?
A credit score as low as 500 would be enough if you’re working with Barrett Financial. Others require as high as 620 to qualify for bank statement loans. As a borrower, it’s your responsibility to get a good credit score whether the financial institution requires a higher or lower credit score.
How Do I Get Qualified?
Call today or fill out the form on our website to start the application process
What Kind of Properties Are Allowed to be Financed?
These loans are intended for residential properties.