Score Dream Homes Entrepreneurs Bank Statement Mortgage Blueprint

How It Works

Instead of relying on W-2 forms or tax returns, lenders assess the average monthly deposits into your bank account over a specific period, typically 12 to 24 months. This method provides a more accurate picture of an entrepreneur's income, accommodating the fluctuations that are common in self-employment. By focusing on actual cash flow, this approach allows lenders to offer competitive mortgage terms to qualified borrowers.