At HomeLife Mortgage, we recognize that not everyone fits the conventional mold when it comes to documenting their income for securing a mortgage. That's why we've developed our innovative Jumbo Bank Statement Loan program – a flexible solution tailored to the unique financial situations of self-employed individuals, business owners, and more.
For those in professions like self-employment, entrepreneurship, or freelancing, proving a consistent income can be challenging due to irregular cash flows and unconventional financial structures. Our Jumbo Bank Statement Loan program addresses this challenge by allowing applicants to utilize their business or personal bank statements to showcase their ability to repay a mortgage. This program is especially advantageous for those with substantial earnings not reflected in traditional tax documents.