Bank Statement Loans California - PowerPoint PPT Presentation

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Bank Statement Loans California

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If you’re looking for hard loans for self-employed people, people with seasonal income or bad credit, we offer no doc verification loans at a low rate. – PowerPoint PPT presentation

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Title: Bank Statement Loans California


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Bank Statement Loan
  • What is a Bank Statement Loan?
  • Bank statement loans have assumed control over
    the customarily expressed pay advances as an
    option for borrowers who are unable to verify
    their pay in a conventional manner by giving the
    past two years assessment forms, W2s, and pay
    stubs.
  • These are non-QM loans, nontraditional credits,
    or extended standards loans that permit different
    types of documentation to demonstrate the
    capacity to reimburse.
  • Similarly as it sounds, a bank statement loan
    permits the borrower to check their pay with bank
    proclamations.

https//www.fidelityfundingcorp.com/
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Types of Bank Statement Loans
  • Types of Bank Statement Loans We Offer
  • Personal bank statement loans
  • Qualify on 12 or 24 months bank statements. We
    count 100 of deposits as income.
  • Business bank statement loans
  • Qualify on 12 or 24 months bank statements. We
    count 50 of deposits as income.
  • One-month bank statement loan
  • Qualify on 1 month most recent bank statement.
    Account must show a positive balance and you must
    attest and declare to your qualifying income.

https//www.fidelityfundingcorp.com/
4
Bank Statement Loan Process
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How Bank Statement Loans Work?
  • Instead of requiring tax returns, W-2s, pay
    stubs, and employer verification forms, bank
    statement loan applicants can use their personal
    and/or business bank accounts to prove their
    income and cash flow.
  • How Bank Statement Loans Work
  • Twelve to 24 months of personal or business bank
    statements.
  • Two years history as a self-employed
    professional.
  • Decent credit score (the exact score minimum
    varies, depending on the lender).
  • Enough cash or liquid reserves to cover several
    months of your mortgage payment.
  • Verification of any liquid assets, like a 401(k)
    or mutual fund investment.
  • A business license, if applicable.
  • A letter from your tax preparer or accountant
    validating your business expenses and confirming
    that you file your returns as an independent
    contractor.

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Fidelity Funding
  • Fidelity Funding specializes in providing loans
    to almost every type of property, both
    residential and commercial. We arrange both lst,
    2nd, and 3rd trust deeds, including home equity
    lines of credit.
  • We offer Hard Money Loans, Financing Alternative
    Loans, Commercial Loans, Residential Purchase and
    Refinance loans, Government Loans, Reverse
    Mortgages, Business Capital Loans, Construction
    Loans, Fix Flip loans, bridge loans and much
    more.
  • Fidelity Funding is dedicated to supplying its
    clients with the lowest price and the cost is
    minimal, while our mortgage professionals provide
    superior support throughout the loan process.
    Contact us today to discuss your loan
    requirements!

https//www.fidelityfundingcorp.com/
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Services
  • We are a group of professional transaction
    consultants, offering a wide range of services
    including
  • Deal Generation
  • Our main focus is to assess and conduct due
    diligence, prepare key decisions, transact the
    deal, identify the market sector, engage
    management and set goals.
  • Financing
  • We have extensive personal relationship, with
    which we are able to detailed private equity and
    banking database of contacts.
  • We can help you get hard money loans and can
    arrange equity finance for management teams.
  • We facilitate and mediate business transactions
    on behalf of seasoned businesses and Start Ups in
    various sectors.
  • Some of these sectors include Products Goods,
    Healthcare, Retail, Real Estate and numerous
    other industries.

https//www.fidelityfundingcorp.com/
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 Contact Us
  • Any Information Query for the Bank Statement
    Loan. So Now Visit our website https//www.fidelit
    yfundingcorp.com/

info_at_fidelityfundingcorp.com
Ph 1-877-300-3007
450 N Brand Blvd FL 6 Glendale, California 91203,
USA
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