Logan Bank Statement

Help Your Borrowers Qualify Without Tax Returns

Bank Statement Loan Benefits

Expand your reach to a large group of high net worth potential borrowers who don’t have the traditional qualifying information on their tax returns. Logan’s Bank Statement Program gives your eligible Self-Employed Borrowers an option to borrow up to $3 million with Personal or Business Bank Statements in lieu of tax returns.

  • Max Loan Amount $3 million

  • Min 660 Credit Score

  • 12 or 24 Months Business, Personal or Both Ok

  • 1099 plus YTD earnings Ok

  • Primary, 2nd Home & Investor Properties

  • No LTV Restrictions for Condos

  • Non Warrantable Condos OK

  • Up to 85% LTV – Exceptions possible

  • Gift of Equity Ok on Primary Homes

  • Sources other than Self-Employment Permitted

  • Interest Only Options Available

  • Max 6 loans or $5M – which ever comes first

I Want to Know More

If you would like to hear more about the Logan Model, feel free to contact us.