Not Just Tax Returns
The Central Valley is home to many entrepreneurs, independent contractors, and small business owners.
When exploring home financing, traditional mortgage programs often rely on two years of tax returns to calculate income. In some situations, alternative documentation mortgage programs allow lenders to review other financial documentation.
These may include options such as:
• Bank statement income analysis
• 1099 income documentation
• Profit & loss statements
• Asset utilization programs
Learning about available options can help buyers better understand how lenders review income when evaluating a mortgage application.
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.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.