Bank Statement Mortgage Loans

JUST RELEASED...


Bank Statement Deposits Count as Qualifying Income.

No Tax Returns, No Pay Stubs, No W-2's.


Request a Free Consultation!

To learn more about alternative documentation loans.

By submitting this form you agree to be contacted by phone, text or email by Bank of England..


Bank Statement Deposits Count as Qualifying Income.

No Tax Returns, No Pay Stubs, No W-2's.


Tax Returns Not Showing Enough Income?

Self-employed borrowers may have an alternative by qualifying using business or personal bank deposits.  

HELPING SELF-EMPLOYED BORROWERS

Introducing the Bank Statement Loan!

Here are some highlights of the program.

Cash Flow, Not Taxes

Most lenders will use the "net" income as reported on tax returns to qualify. This program looks at the cash flow into your bank account.

Easier Credit Guidelines

Recent bankruptcies, short sales, foreclosures or other derogatory credit may be acceptable.

Easier Credit Guidelines

Recent bankruptcies, short sales, foreclosures or other derogatory credit may be acceptable.

10% Down Payment

Purchase loans require as little as 10% down and mortgage insurance is never needed. 

Asset Depletion

Liquid assets such as bank accounts, 401(k), and brokerage accounts can be used for qualifying purposes.

Fast Closings

Average closing times are 30 days or less from the date of underwriting submission.

Occupancy Types

Primary residences, second homes, and investment properties are all eligible.

Request Free Consultation

Request a Free Consultation Today

Find out more information about bank statement loans, brought to you by Bank of England. 

EASIER QUALIFICATIONS

Helping More Borrowers Qualify.

Not all people meet the qualifying criteria for conventional mortgages.  In many cases, the net income shown on tax returns can prevent someone who is self-employed from being able to obtain a mortgage for a purchase or refinance. Using deposits into personal or business bank statements could be the difference between being approved or declined.

LIQUID ASSETS COUNT

Qualifying With Liquid Assets.

We allow for "asset depletion", whereby a formula is used to take a borrower's liquid assets to count as qualifying income.  Additionally, we will even provide loans without documenting employment or income as long as a borrower has enough in the bank, stocks, and retirement accounts to cover the loan amount.  

Tax Returns Not Showing Enough Income?

Self-employed borrowers may have an alternative by qualifying using business or personal bank deposits.  

HELPING SELF-EMPLOYED BORROWERS

Here are some highlights of the program.

Learn more about Bank Statement Loans, brought to you by Bank of England.

Request a Free Consultation Today

Introducing the Bank Statement Loan!

Call Us Today For FREE

877-848-6065

800-555-1212 Click to Call Us!

Bank of England Mortgage has tried to provide accurate and timely information; however, the content of this site may not be accurate, complete or current and may include technical inaccuracies or typographical errors. From time to time changes may be made to the content of this site without notice. Bank of England Mortgage may change the products, services, and any other information described on this site at any time. The information published on this site is provided as a convenience to visitors and is for informational purposes only. You should verify all information before relying on it and decisions based on information contained in our site are your sole responsibility. If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for a loan, please contact us at (877) 848-6065. This contact information is for accommodation requests only. Bank of England Mortgage is a division of Bank of England NMLS 418481. Bank of England Mortgage is not affiliated with any government agency. Member FDIC. Branch address 120 E 23rd Street, 5th Floor, New York, NY 10003.

Call Us Today For FREE

877-848-6065

Click to Call Us!
Click to Call Us!