With the rise of the gig economy, more people are opting for self-employment and starting businesses instead of working a traditional nine-to-five. And while this is a great way to build a flexible ...

Self-employed and interested in tapping into your home's equity with a second mortgage? A bank statement loan can help you bypass traditional tax return requirements, which can muddle the reality of ...

Bank statement loans are coming under renewed scrutiny due to the Consumer Financial Protection Bureau's guidelines that require mortgage lenders to fully verify the income of self-employed borrowers.

If you’re self-employed, paid on commission, or run a business, you already know the frustration: you can have strong cash flow, great credit, and real assets—yet a traditional mortgage can still feel ...

Over 36% of the U.S. workforce does freelance work, and there are 70.4 million freelancers in the U.S. For that substantial portion of the U.S. population, securing a traditional mortgage that ...

Steve Saxton explains how business owners may qualify for jumbo mortgage loans using business bank statements instead of traditional tax-return income. They may have strong deposits, significant ...

United Wholesale Mortgage (UWM) announced this week that it has added four bank statement loan offerings for self-employed borrowers. To qualify for loans of up to $3 million with up to 90% ...

New educational resource helps Utah business owners, 1099 earners, and complex-income borrowers prepare for jumbo ...

Did our AI summary help? A good credit score and stable income may improve your chances of getting a loan, but lenders usually look much deeper before approving an application. One of the most closely ...

A bank statement loan allows you to qualify for a mortgage using bank statements rather than tax returns. It’s most often used by self-employed borrowers. Not all mortgage lenders offer bank statement ...