Bank Deposits Can Count

---

Many self-employed professionals receive income through bank deposits rather than traditional W-2's or paychecks.

For this reason, some lenders review bank statements instead of tax returns when evaluating income under certain mortgage programs.

To assist with this process, lenders often use tools that estimate qualifying income based on deposits while factoring in typical business expenses depending on the type of business structure.

Understanding how lenders review income can help buyers better prepare for the mortgage process.

For more information Click Here

Rob Clark
Home Loan Consultant
Firestone Financial Group

Phone: 209-227-7745
Phone: 559-476-9279

Email: rbrtclark53@gmail.com
Website: www.robertclarkloans.com

NMLS #357788
DRE #01148307

Equal Housing Lender

This is not a commitment to lend. All loans are subject to underwriting approval. Programs subject to change.