QUALIFY BASED ON LIQUID DEPOSITS

Sample Loan Scenario

– Total Annual Revenue

$3,000,000

(Based on 12 month’s bank statement)

– Average Annual Expense

$150,000

(Default overhead of 50%, or less per CPA)

– Annual Income

$150,000

(After Expense)

Final Balance: $150,000

Sample Loan Scenario is a hypothetical example only.

  1. Self Employed &/or commission borrowers only Business &/or personal accounts, 12 most recent, consecutive month bank statements
  2. If annual expense is less than 50%, borrower must provide CPA letter to verify actual, average annual expense
  3. DTI upto 50% based on qualifying income. No P&L. No tax returns