This is a great loan for anyone that's self-employed from entrepreneurs to small business owners. Let's connect here: calendly.com/jeff-trevarthen/15-min-call
Hello ! Thank you for the information very helpful. Do you do North Carolina area? We’re having trouble finding lenders that have done bank statements loans
Can you do Delaware. I have a construction business as a sole proprietorship. My 1099 is a lot. But my adjusted income is not. Is it possible to get a 1099 statement loan and get down payment assistance?
@JefftheMortgagePro so if I want to go by last year's gross... I'm going to have to find that kind of lender? Can Navy take the avg of my last 2 years? Or do you offer help with this?
Incorporated my biz in 2021, so I have 3 years of history/statements with my business and bank account. In the midst of restructuring my business to a different entity type (from C Corp to LLC). If I reincorporate a new business and bank account, am I essentially starting the timeline over? Or is there any type of letter that can be included that would explain this sufficiently to still get a statement loan underwritten?
What about if my business is actually a registered non-profit (a 501c3) but you DO have all your deposits from the last 2 years in the businesses account, can you qualify? Secondly, if i want to buy a primary residence but under an LLC (business name) or even under the 501c3’s name (we have both an LLC and a 501c3) as a sort of “hub of operations” can we qualify for a bank statement loan????
Hi do you do loans for coastal Mississippi . I’m having issues with my loan guy .. I made over 160 k and had to do bank statement loan bc my taxes don’t show that obviously.
This is a great loan for anyone that's self-employed from entrepreneurs to small business owners. Let's connect here: calendly.com/jeff-trevarthen/15-min-call
Can you use this loan option for multi units ?
Yes you can!
Great content,keep up the good work
Thank you!
How does the interest rate compare to a conventional mortgage?
Usually going to be a little bit higher than conventional
Hi, do you do Ohio?
Yes I do!
Hello ! Thank you for the information very helpful. Do you do North Carolina area? We’re having trouble finding lenders that have done bank statements loans
Yes, I can help out there. :) One of my team members is licensed in NC.
Awesome ! Could you share the contact information?! Thank you for replying
calendly.com/jeff-trevarthen/15-min-call
Can you do Delaware. I have a construction business as a sole proprietorship. My 1099 is a lot. But my adjusted income is not. Is it possible to get a 1099 statement loan and get down payment assistance?
Yes I can help in DE. And we can do 1099 loans. But you'll need a min of 10% down...no down payment assistance with these loans.
Hello do you do Atlanta?
Yes happy to help!
Do you know if Navy Federal does bank statement loans?
I'm pretty sure they do not.
@JefftheMortgagePro so if I want to go by last year's gross... I'm going to have to find that kind of lender? Can Navy take the avg of my last 2 years? Or do you offer help with this?
@@clarkpetion305 I can help
Incorporated my biz in 2021, so I have 3 years of history/statements with my business and bank account. In the midst of restructuring my business to a different entity type (from C Corp to LLC). If I reincorporate a new business and bank account, am I essentially starting the timeline over? Or is there any type of letter that can be included that would explain this sufficiently to still get a statement loan underwritten?
Great question...I'm sure we can get that to work.
How much higher interests rates are? 1-2% higher than regular loans?
Yes, typically.
Can you help out in florida?
You bet!
Hey Jeff, where can I find some reviews for your services? I may be interested in utilizing your services, live in Sonoma
Well, I've moved a couple times over the last year or two so the review sites I had aren't online anymore. There's a couple in Yelp but their old.
10% down is high, would there be any way around that #?
Not that I know of on this program.
Can someone with an ITIN qualify for a bank statement loan? We have an LLC and one of us has a SS and the other an ITIN.
Great question! Yes you can, but down payment will probably be 25%. Love to help if I can!
What about if my business is actually a registered non-profit (a 501c3) but you DO have all your deposits from the last 2 years in the businesses account, can you qualify? Secondly, if i want to buy a primary residence but under an LLC (business name) or even under the 501c3’s name (we have both an LLC and a 501c3) as a sort of “hub of operations” can we qualify for a bank statement loan????
That's a great question. I would assume yes, but I've not run across this before in all honesty.
How do I contact you?
calendly.com/jeff-trevarthen/15-min-call
Hi do you do loans for coastal Mississippi .
I’m having issues with my loan guy .. I made over 160 k and had to do bank statement loan bc my taxes don’t show that obviously.
We can help. What's the loan amount?
Can Uber drive get it?
Potentially. If you're 1099 and you have a 2 year history of driving, then yes.
@JefftheMortgagePro can I qualify for Bank statement loan?
Yes probably