Bank Statement Programs

Bank Statement Programs
  • Owner-occupied, 2nd homes, and investment properties
  • Loan Amounts from $200,000 to $2,500,000
  • 85% LTV available up to $1.5mm on primary residence (680 FICO required)
  • DTI up to 55% (see matrix for requirements)
  • Reduced reserve requirement of 3 months PITI (see matrix for requirements)
  • Credit Scores as low as 660
  • No MI on LTV’s >80%
  • Interest Only up to 80%
  • No pre-payment penalty for owner-occupied and 2nd homes
  • No active tradelines OK with housing history
  • SFRs, townhomes, condos, 2-4 units
  • Non-warrantable condos considered
  • Seller concessions to 6% (2% for investment)
  • No limit on number of properties financed
  • No tax returns required
  • 12 month personal bank statements on owner occupied and 2nd homes
  • 24 month bank statements (Personal and Business)
  • 4 years seasoning for foreclosure, short sale or deed-in-lieu
  • 2 years seasoning for bankruptcy
Please contact us at sales@5thstcap.com or 888-702-3385 with any questions