Bank Statement

12 Montsh Bank Statement

Competitive Rates and Fees

Competitive Pricing That Beats the Competition

Compare Our Rates and See the Difference

Affordable Pricing, Premium Service
Get Pre-Approved

Transparent Pricing, No Hidden Costs

Experience the Diffenece: Transparent Simple No Hidden Costs

Save on costs, no junk fees

Closing costs so low, you'll be surprised
Get Quote

Advisors who always put you first

We provide expert guidance and support every step of the way

5-star glowing Yelp reviews

Check out our reviews and see the difference
Check Yelp

Qualify

Using Bank Statments 53% DTI. No Tax Returns
Bank Stmt Personal or Business 50% Expense
  • Take 12 month total deposit. Mutiply by .5. Divide by 12. This is monthly income
  • e.g. $300,000 x .5 = $150,000 / 12 = $12,500 Mth Income
  • Min 20% Instead of 50% Expense Factor with Cpa Letter / P&L to support

Rates

30 Year Fixed As Low As
6.75% 30 Year Fixed
  • 6.75% is for 720 Fico. 70% Ltv. Primary. Sfr. 41% Dti
  • First-Time Homebuyers Allowed
  • Primary, Second home & Investments allowed. I/O Payments Available

Designed

for Self Employed Individual
Self Employed Min 2 Years
  • 2 Years Self Employed
  • 25% Ownership
  • CPA Letter to Verify Ownership

Down Payment

Min Down
10% 90% Ltv
  • Purchase & Refi up to 90% LTV
  • Cash Out up to 80% LTV
  • Min 5% own funds. Remaindar can an be gifted

Loan Amount

Max Loan Amount
3.5M 65% LTV 740 Fico
  • Greater than 3.5M, Up to 20M, Custom Quote
  • Non Warrantable Condo Allowed
  • Short Term Rental Allowed

Credit Score

Min Credit Score
660 Min Fico
  • 2 trade lines reporting for 24+ months
  • FC / SS / DIL Seasoning: 36 months
  • Mortgage Lates Allowed

Your Application has been submitted

If you need to reach us, please give us a call at (714) 352-0808, or send us an email to hugh@thehomeloansource.co. Thank You & Have a Great Day!

Mortgage Rates Disclosures

 

The advertised loan is a 15-year Fixed Rate Loan with a 15-year fully amortizing term. The interest rate is 5.250% for 180 months. The disclosed APR is based on the payment of 3.000 discount points. For a $726,200 loan, there is a 5.755% APR with a monthly principal and interest payment of $5,838 for 180 months. Interest rate quoted assumes a purchase with 45 day lock pricing at 60% loan-to-value (LTV), a minimum FICO score of 740 on a primary residence. Interest rate quoted assumes a purchase of a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lender. Not available in all states. Payments shown do not include taxes or insurance, actual payment obligations will be greater. Not all applicants will qualify. Rates and terms are effective 9:00AM PT on 9/18/2024 and are subject to change without notice.


The advertised loan is a 30-year Fixed Rate Loan with a 30-year fully amortizing term. The interest rate is 5.250% for 360 months. The disclosed APR is based on the payment of 3.000 discount points. For a $726,200 loan, there is a 5.545% APR with a monthly principal and interest payment of $4,010 for 360 months. Interest rate quoted assumes a purchase with 45 day lock pricing at 60% loan-to-value (LTV), a minimum FICO score of 740 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lender. Not available in all states. Payments shown do not include taxes or insurance, actual payment obligations will be greater. Not all applicants will qualify. Rates and terms are effective 9:00AM PT on 9/18/2024 and are subject to change without notice.

The advertised loan is an FHA 30-year Fixed Rate Loan with a 30-year fully amortizing term. The interest rate is 5.250% for 360 months. The disclosed APR is based on the payment of 3.000 discount points. For a $726,200 loan, there is a 6.437% APR with a monthly principal and interest payment of $4,010 for 360 months. Interest rate quoted assumes a purchase at 80% loan-to-value (LTV), a minimum FICO score of 740 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lender. Not available in all states. Payments shown do not include taxes, hazard insurance, or mortgage insurance; actual payment obligations will be greater. Not all applicants will qualify. Rates and terms are effective 9:00AM PT on 9/18/2024 and are subject to change without notice.

This is a VA program. Current guidelines for VA Financing can be found at https://www.benefits.va.gov/homeloans/index.asp . The advertised loan is a VA 30-year Fixed Rate Loan with a 30-year fully amortizing term. The interest rate is 5.250% for 360 months. The disclosed APR is based on the payment of 3.000 discount points. For a $726,200 loan, there is a 5.882% APR with a monthly principal and interest payment of $4,010 for 360 months. Interest rate quoted assumes a purchase with 45 day lock pricing at 100% loan-to-value (LTV), a minimum FICO score of 740 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lender. Not available in all states. Payments shown do not include taxes or insurance, actual payment obligations will be greater. Not all applicants will qualify. Rates and terms are effective 9:00AM PT on 9/18/2024 and are subject to change without notice.

Refinance: By refinancing your existing loan, your total finance charges may be higher over the life of the loan.