Program Highlights

Self-Employed Loans

Loan amounts available up to $3,000,000
Loan-to-Value up to 90%
12 to 24 months of personal or business bank statements accepted
Borrower doesn’t need to be the sole business owner
W-2 with bank statement combinations are allowed
Business expense ratio as low as 10%
Multiple business bank accounts are eligible

Intelligent options for self-employed borrowers

Reduced Down Payments

With Loan-to-Value ratios reaching 90%, you can qualify with a smaller down payment

Quick Financing

In need of fast funding? Get pre-qualified in just 24 hours!

Flexible Solutions

Skip the tax returns and qualify with personal or business bank statements

FREQUENTLY ASKED QUESTIONS

Who can take advantage of a bank statement loan?

Self-employed individuals can benefit from bank statement loans, as they allow qualification based on real income rather than tax returns. These loans are perfect for business owners, commission-based workers, and other non-traditional borrowers who face challenges with income documentation.

What determines the business expense factor?

Instead of using a standard expense factor of 50%, Money Financial Group assesses business operating costs through a Self-Employment Questionnaire. This includes costs like rent, labor, and cost of goods sold, which can lead to a reduced expense factor as low as 10%.

How does a bank statement loan differ from a traditional loan?

A traditional loan requires extensive documentation, including tax returns, pay stubs, and W-2 forms to verify income. In contrast, MFG's bank statement loan relies on 12 to 24 months of bank statements as the primary method for income verification.

How does Money Financial Group handle multiple bank accounts?

We can assess bank statements from several personal and business accounts to provide a comprehensive analysis.

Does submitting bank statements require a full loan application?

A full loan application is not necessary to submit bank statements for analysis. Money Financial Group conducts an initial income review and usually delivers results within 24-48 hours.