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Bank Statement Programs

Bank Statement Programs

CategoriesFinancial Education / First Time Home Buyer / Realtor Blog

Rebecca Squyres

January 23, 2023

Self-employed borrowers may benefit from a bank statement mortgage program.

When home buyers can’t get a traditional mortgage, our bank statement program can help qualified borrowers.

Instead of a W2, we use 1-to-2 years of bank statements to evaluate a borrower’s income and cash flow.  Even better, our bank statement program loans don’t require private mortgage insurance – which means more money in the borrower’s pocket.

We offer a range of products through our bank statement program including expanded prime, near prime and investment property loans.

Contact a GMFS Mortgage Loan Officer to see if this program can benefit you!

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Equal Housing Lender. ©2017 GMFS LLC. Loan programs not available in all states, or to all consumers. All loans are subject to availability at the time of application and for terms that meet each individual consumer’s needs and qualification information. Loan applications are subject to credit and property approval. GMFS LLC encourages all consumers to consult with a tax advisor concerning the tax implications for the type of mortgage sought. All mortgages are originated by GMFS LLC, NMLS ID #64997, at 7389 Florida Blvd. Suite 200A Baton Rouge, LA 70806. The retail division of GMFS LLC is Doing Business As “GMFS Mortgage”.

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