Bank statement loans are an excellent option for selfemployed investors who struggle to qualify for traditional financing. These loans allow borrowers to qualify based on their cash flow on bank statements rather than tax returns. Offered by private lenders, bank statement loans come with varying requirements but typically feature competitive interest rates and 30year fixed terms. This specialized loan product provides flexibility and accessibility for selfemployed borrowers, making it easier to secure the financing you need.
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00:00 Bank Statement Loans
01:15 How to Qualify
04:32 Benefits of Bank Statement Loans
05:29 Down Payment Requirements