Is this loan right for you?
Business owners with high-volume turnover, such as Used Car Dealerships, often have complex financials. If your business bank statements show strong monthly deposits (e.g., $30k+ in monthly income), we can use a standard 50% expense ratio to get you approved for a 30-year fixed mortgage.
Benefits of this program
- High-Income Recognition: We recognize your true earning potential even with high business overhead.
- Low Barrier to Entry: Purchase your home with only 10% down.
- Predictable Terms: Secure a 30-year fixed-rate mortgage for long-term stability.
- Efficiency: Complete the entire purchase process from start to finish in 30 days.
Eligibility requirements
- 12 months of Business Bank Statements
- Business narrative provided by your accountant
- 10% down payment for primary residence purchase
- Verifiable ownership of a business entity (e.g., Dealership)
