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Traditionally, there is an expectation that you furnish W-2s & tax returns when you apply for a loan. But what if you do not have W-2s or your tax returns are filed in such a way that your true income isn't reflected? For those who are self-employed, we have a program just for you. Through our bank statement program, you can apply for a loan without W-2s. You simply provide us with 12 or 24 months bank statements to verify your income.
If you are your own boss, the traditional lending process can be problematic. But with a bank statement loan, you can apply for a mortgage as easily as any employee. Whether you call yourself a business owner, an entrepreneur, or a freelancer doesn't matter. In every case, you are eligible to apply through our bank statement loan program as long as you're self-employed.
Here are a few reasons to consider applying for a bank statement loan through Premier Lending Corp:
Avoid hassles with paperwork.
When you apply for a loan the traditional way, you may be asked to provide W-2s, tax returns, & pay-stubs, which prove that you have a traditional income. Most lenders will turn you away for financing if you are unable to provide those items, or simply don't show enough income on your tax returns. Now there's an easier way with a bank statement loan.
Streamline the lending application process.
When you only need to provide 12 to 24 months of bank statements to verify your income, you are demonstrating your financial viability through a means which is simple and direct. This is fast and convenient.
Work with a mortgage company that understands and respects your situation.
It can be challenging to deal with a lender which is not used to working with self-employed persons. Lenders in these situations may assume that your job is inherently high in risk and low in stability. They turn you away for not being a "safe borrower". Premier Lending Corp enjoys working with self-employed borrowers and we treat you no differently than someone who may be considered "less risk" by some lenders because of their employment status.
Premier Lending Corp is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.