Alabama -Bank Statement Mortgage Lenders-No Tax Returns!

ALABAMA STATED INCOME MORTGAGE – ALABAMA BANK STATEMENT MORTGAGE LENDERS 

12 or 24 MONTHS PERSONAL ALABAMA BANK STATEMENT ONLY ALABAMA MORTGAGE LENDERS
RETURN ALABAMA MORTGAGE LENDERS

ALABAMA BANK STATEMENT ONLY ALABAMA MORTGAGE LENDERS

• Use 100% of the deposits
• Must provide 2 months Alabama business ALABAMA BANK STATEMENT s to verify where deposits come from.
• NO more than 6 NSF in the last 12 months.
• Minimum 640 FIco Score Prime ALABAMA BANK STATEMENT Mortgage Lenders
• Minimum 600 fico for Standard ALABAMA BANK STATEMENT mortgage Lenders

12 MONTHS PERSONAL ALABAMA BANK STATEMENT ALABAMA MORTGAGE LENDERS

• 2 months Alabama business ALABAMA BANK STATEMENT s required
• 80% Loan to Value
• 4 years proof of self employment
• Prime ALABAMA BANK STATEMENT mortgage lenders only

24 MONTH Alabama business ALABAMA BANK STATEMENT ALABAMA MORTGAGE LENDERS

• 24 months Alabama business ALABAMA BANK STATEMENT s.
• Minimum 25% ownership in the Alabama business
• 3rd party CPA, Enrolled Agent, Or Reputable Bookery letter to verify experiences.
• MInimum 600 fico score
• Standard ALABAMA BANK STATEMENT mortgage lenders only

ASSET EXPRESS ALABAMA MORTGAGE LENDERS PROGRAM

• Liquid assets that total the entire principal balance with 5 years other expenses
• Excluding principal and interest on subject qualifies.
• All qualifying assets must be inthe  bank or brokerage account.
• Assets must be seasoned for at least 6 months.
• 75% Maximum Loan to value.
• Credit grades A,A-, B+

ASSET ASSIST ALABAMA MORTGAGE LENDERS LOAN PROGRAM

• Liquid assets qualify for borrowers income with other income.
• Qualifying assets in the bank or brokerage account.
• Assets must be seasoned for at least 6 months.
• Credit grades A, A, B All parties on shared accounts must b on the loan.
• Owner occupied, 2nd homes, non owner occupied homes

LEASE AGREEMENT ALABAMA MORTGAGE LENDERS PROGRAM

• Use lease agreements interest of schedule Es.
• 80% of the least agreement used as income
• Rents must be typical for the area
• Credit grates A, A-, and B.
• Owner occupied, 2nd homes, non Owners occupied.