Home loan options for self-employed borrowers.

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For decades the self employed have struggled to qualify for a home loan. Fannie Mae, Freddie Mac and FHA guidelines are simply too stringent, and have left many self employed borrowers on the sidelines of home ownership.

One of my local lenders now has the ability to qualify self-employed borrowers using their business checking bank statements.

The basic guidelines of the program are:

  • A minimum down payment of 10% with a 680 credit score.
  • A minimum down payment of 20% with a 620 credit score.
  • ARM’s or fixed rate loans up to $1.5 – $2 Million

You must be self-employed for a minimum of 2 years, verified by a CPA or other alternative source.

The bank statement program applies to Single Family Homes, Condos and Town Houses only.

If you meet the minimum criteria and would like more information, please contact me by phone 239-425-2503, email: bob.ashworth@gmail.com, or text at 239-898-2716 or 781-718-3317.

I will be happy to help get you pre-approved for the home loan you deserve but have never been able to qualify for. Then help you find the right home for you and your budget.

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We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

Bob Ashworth Remax Realty Team
Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
2326 Del Prado Blvd. S.
Cape Coral, FL 33990