BANK STATEMENT PROGRAMS

Empowering Self-Employment

Flexible financing for self-employed borrowers. Sistar Mortgage offers bank statement mortgage loans, catering to entrepreneurs and freelancers with alternative income documentation, up to $4 million.

Types of Bank Statement Program Loans

Business Bank Statement Program

Business Bank Statement Program

Designed for self-employed borrowers, this program uses business bank statements to verify income and determine loan eligibility.

Profit and Loss (P&L) Statement Program

Profit and Loss (P&L) Statement Program

This program allows borrowers to use their profit and loss statements to demonstrate income, making it suitable for freelancers and contractors.

Personal Bank Statement Program

Personal Bank Statement Program

Ideal for borrowers with personal income streams, this program uses personal bank statements to assess income and qualify for a mortgage.

Why Rely on Sistar Mortgage?
SECURE YOUR HOMEOWNERSHIP

Why Rely on Sistar Mortgage?

When it comes to bank statement loan programs, Sistar Mortgage stands out as one of the leading bank statement mortgage lenders. Our streamlined application process caters to borrowers with non-traditional income documentation, offering bank statements only mortgage loans. We understand that every borrower's situation is unique, which is why we work with a caliber of lenders who consider individual circumstances. Whether you're self-employed or have unconventional employment, we prioritize finding the right bank statement loan solution for you. Trust Sistar Mortgage for reliable guidance, exceptional service, and a commitment to helping you achieve your homeownership goals.

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Who Can Benefit From Bank Statement Loans?

Many individuals seeking a conventional loan can benefit from its flexible down payment options, competitive interest rates, and customizable loan terms. Whether you're a first-time homebuyer or looking to refinance, conventional loans provide a reliable and accessible financing solution

Self-Employed Individuals

Self-Employed Individuals

For self-employed borrowers who have non-traditional income sources, bank statement loans are a flexible financing option.

Freelancers and Contractors

Freelancers and Contractors

Bank statement loans cater to freelancers and contractors who may have varying income streams and irregular pay schedules.

Small Business Owners

Small Business Owners

Small business owners can benefit from bank statement loans, leveraging their business revenue to qualify for financing.

Commission-Based Professionals

Commission-Based Professionals

Bank statement programs allow commission-based professionals to use their bank statements to verify income and secure a mortgage.

Fueling Your Home Buying Journey

Set Up Your Loan Process In A Few Minutes

1.

Provide Information

To provide optimal options, we first learn a little about you and your home-buying objectives.

2.

Credit Review Process

You need genuine numbers if you want sellers to trust you. Receiving permission depends on your credit score.

3.

Determine Financial Capabilities

Provide information about your income, regular expenses, and housing savings. Our mortgage lenders for refinancing will figure out your house's maximum price.

4.

Create a Proposal

You may quickly alter your permission letter so sellers won't be aware if you submit an offer lower than what you've been authorized for.

Discover the Advantages of Bank Statement Programs

No Tax Returns Required

No Tax Returns Required

Bank statement program loans offer the advantage of not needing to provide tax returns or transcripts.

Income Consistency

Income Consistency

With regular monthly income deposits reflected in bank statements, lenders can assess your income stability.

Flexible Document Period

Flexible Document Period

Bank statement lenders can review 12 or 24-month bank statements, accommodating varying financial situations.

advantages steps 04

Business Owner Friendly

Business owners can provide 12-24 months of P&L statements, eliminating the need for extensive tax documentation.

Other Available Loan Options

Discover additional loan options offered by Sistar Mortgage. Explore our array of loan options, including FHA, VA, Jumbo, and more. You will be guided to the ideal fit by our team of experts.

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What Our Clients Have To
Say About Us!

stars

“I felt Sistar Mortgage was an excellent fit for me. When they went through the procedure and gave me the specifics, the staff was kind and patient with me. The loan officer was kind, considerate, and thorough in his contacts.”

Ethan H
Great Experience
stars

“They have excellent loan officers who educated me about loans. They’re extremely helpful in obtaining the best financing for us and getting us approved and ready to buy. Many thanks to Sistar Mortgage and Team!”

Benjamin Cooper
Team of Professionals
stars

“We thoroughly recommend Sistar Mortgage’s loan officer and loan processor. Begin the mortgage lenders for refinancing. They made the loan application procedure simple.The process was as easy-going as we could have hoped. I appreciate everything.”

Olivia Miller
Highly Recommended

Frequently Asked Questions

Yes, bank statement loans are designed for self-employed individuals who don’t have a W-2, allowing them to use their bank statements to verify income and qualify for a mortgage.

Typically, lenders require 12 to 24 months of bank statements to assess your income stability and determine loan eligibility.

While a good credit score is beneficial, bank statement loans consider various factors such as income, assets, and overall financial profile in the loan evaluation process.

Yes, if you own a business, you can provide business bank statements and, in some cases, profit and loss statements to demonstrate income for a bank statement loan.

Bank statement loans can be used for various property types, including primary residences, second homes, and investment properties, depending on the lender's guidelines.