Non-QM & Alternative Doc
Alt-Doc — Self-Employed
24-Month Bank Statement
Two years of bank statements — often with better pricing and higher LTV than 12-month programs.
Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.
660
Min FICO
90%
Max LTV
bank statement
Docs
Ideal borrower
Self-employed borrowers with longer tubing of deposits.
Program highlights
- Up to 90% LTV
- Better pricing than 12-month in most cases
- Business-owner percent ownership requirements vary
Typical uses
- Self-employed with 2+ years in business
Frequently asked questions
- Why choose 24-month bank statements over 12-month?
- 24-month statements usually price better and clear more lenders because they show a longer deposit history. Use 12-month when income is accelerating or you only have a shorter clean paper trail.
- Personal vs business bank statements — which do lenders want?
- Both exist. Business statements often use an expense factor (or P&L) to estimate owner cash flow; personal statements look at deposits after transfers. We structure the file to match the wholesaler that prices your scenario best.
- Do we still need tax returns on a 24-month bank statement loan?
- Many programs waive tax-return income analysis for qualification, but lenders may still collect returns for identity, self-employment proof, or secondary reviews. Expect full package disclosure either way.
Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.