Bank Statement Self-Employed Mortgages
Vibrato specializes in helping self-employed borrowers in Arizona & Colorado qualify for mortgages using only the income from their bank statements - without requiring personal or business tax returns.
We understand your true income isn't reflected on tax returns — and that's no problem at all.
Our lending partners understand that evaluating a self employed borrower is different than a standard W2, paystub-based applicant.
Our lending partners allow the use of bank statement income to qualify — deductions won't kill you.
Our underwriters will look at your personal or business bank statements (or 1099 income) instead of your tax returns to verify your income. Woohoo!
Purchasing or Refinancing — We Got You Covered
Home Purchase
Up to 90% Loan-To-Value (based on loan amount & FICO)
- FICO scores above 600
- First Time Homebuyers allowed
- No tax returns required
- 12 or 24 months personal or business Bank statement options
- Must be self-employed 2 years
- Primary, second home and investment properties allowed
- Jumbo Loans available (with larger down payments)
- Up to $4,000,000 loan amounts
- Down payment gift funds are eligible
- Condos and 2-4 unit properties allowed
- Debt-to-Income ratios up to 55% (depending on loan amount and FICO score)
Refinance or Equity Cash-Out
Up to 85% Loan-To-Value (based on loan amount & FICO)
- FICO scores above 600
- Rate/Term only and cash-out options
- No tax returns required
- Cashout limited to 80% LTV (based on loan amount and FICO)
- Must be self-employed 2 years
- Primary, second home and investment properties allowed
- 12 or 24 months personal or business options
- Condos and 2-4 unit properties allowed
- Short seasoning requirements for past bankruptcy, short sale or foreclosure
- Debt-to-Income ratios up to 50% (depending on loan amount and FICO score)
A Streamlined, Modern Mortgage Process
1. Tell us a bit about the loan you're looking for and your business — no credit check.
We'll ask you some simple questions about the home you're purchasing or refinancing to get started (no credit check or SSN is collected).
2. We'll then discuss bank statement mortgage loan options tailored just for you.
Based on the information submitted, we'll go over different mortgage types you may qualify for (interest rates, fees, terms, etc).
3. If you're ready to move forward, we'll complete your application and get started!
We'll get the last few pieces needed to complete your application (credit report and FICO score) and then get everything in motion to get your loan done!
Our Team Gets It
Vibrato was created by entrepreneurs just like yourself — we speak your language. You're at home with our team.
Copyright © 2024 Vibrato 9375 E Shea Blvd Suite 100 Scottsdale, AZ 85260
Lender Labs LLC dba Vibrato, NMLS: #2420007 Arizona License: MB-1042016 Colorado License: MLO.100537074. To check the license status of your mortgage broker, visit http://www.dora.state.co.us/realestate/index.htm