BROWARD COUNTY FL NO TAX RETURN BANK STATEMENT MORTGAGE LENDERS – NO TAX RETURNS!

Broward County Florida Business Loans Based On Business Bank Statement Deposits.
Broward County FL Bank Statement Mortgage Lenders – Broward County FL Self Employed Mortgage Lenders

Are you self-employed or 1099 wage earner and having a hard time getting pre-approved for a Broward County Florida mortgage?  We know the story. They have a great top line, but after the accountant works their magic there isn’t much adjusted gross income left to by a Broward County Florida home. Broward County Florida Broward County Florida bank statement Business Lenders can help!…
Broward County Florida Business Loans Based On Business Bank Statement Deposits. Are you self-employed or 1099 wage earner and having a hard time getting pre-approved for a Broward County Florida mortgage?  We know the story. They have a great top line, but after the accountant works their magic there isn’t much adjusted gross income left to by a Broward County Florida home. Broward County Florida Broward County Florida bank statement Business Lenders can help!…
NO TAX RETURNS FL FLORIDA MORTGAGE HIGHLIGHTS

  • Minimum 600 Credit score for No Tax Return Program!
  • Bank Statements Only Used to Determine Income
  • No tax returns required
  • 12/24 months personal bank statements (Personal and Business)
  • Loans up to $3 million
  • Credit scores down to 620
  • Rates starting in the low 5’s
  • Up to 90% LTV
  • DTI up to 50% considered
  • Owner-occupied, 2nd homes, and investment properties
  • 2 years seasoning for foreclosure, short sale, BK, DIL
  • Non-warrantable condos considered
  • Jumbo loans down to 660 score
  • 5/1 ARM or 30-year fixed
  • No pre-payment penalty for owner-occ and 2nd homes
  • SFRs, townhomes, condos, 2-4 units
  • Seller concessions to 6% (2% for investment)
  • 2 year self-employed required

NO TAX RETURNS PROPERTY TYPES:

● SFRs, Condos, (Warrantable & Non-Warrantable), PUDs, 2-4 units, Townhomes
● No below average properties
● Minimum $50,000 equity required

INELIGIBLE PROPERTIES:
● Site>10 Acres, High-rise Condo in Dade/Broward Counties, Florida (8+ stories)
LOAN TERMS:
● 5 ARM or 30 Year Fixed
● 10 Year/40 Year Term IO
● Index is 30 day SOFR
● Caps are 2/2/5 (2% Initial Change/2% Period Adj/5% Lifetime)
● Margin 3.75%
● All loans require impounds for tax and insurance
LOAN AMOUNTS:
● $100,000—$3,000,000
HOUSING HISTORY/CREDIT EVENT SEASONING:
● Housing history—0x30. For housing delinquency, see pricing adjustments.
● Bankruptcy/Foreclosure—3 year seasoning. For less than 3 years, see
pricing adjustments.
● Short Sale/Deed-in-Lieu/Modiication—2 year seasoning. For less than 2
years, see pricing adjustments.
● Forbearance <1 Year—See Loan Program Description
INCOME/DTI:
● Max of 50% DTI, 55% allowed with LTV up to 80%, $4,000 disposable and 0x30
mortgage
● Residual Income—$1,500 per household plus $500 1st child, $250 thereafter.
Child maximum $1,500.
LISTED PROPERTIES:
● Must be off market for 6 months.
PAYMENT SHOCK:
● Maximum 300%. (First time home buyer 250%)
TAX LIENS AND JUDGMENTS:
● All tax liens and judgments must be paid at closing.
COLLECTION/CHARGE-OFF ACCOUNTS:
● Collections and charge offs need to be paid off except:
– Medical Collections.
– Collection accounts older than 2 years
CREDIT SCORE/TRADELINE REQUIREMENTS:
● 3 trade lines reporting for ≥ 12 month; or 2 trade lines reporting for ≥ 24 months with activity
in the past 12 months. Borrower must have housing history or one of the trades must have
$5,000 high credit/limit.
● Credit Score The middle score of the primary wage-earner is used for pricing and LTV purposes.
INCOME DOCUMENTATION:
● Full Doc – 1 or 2 years W-2, paystubs, tax returns or K1’s.
● Alt Doc – 12 or 24 months personal or business bank statements or 1099’s, 12-month cash low.
3 months business bank statements, Proit and Loss (P&L) Only.
Min. 2 years history of self employment required. Also available for gratuity earners
● Assets—100% of amount needed to amortize loan plus monthly debts for 60 months OR
125% of the new loan amount.
● Asset Assist—Assets divided by 60 is added to income. Max 50% of total income.
● Lease agreements in lieu of schedule E are treated as ALT Doc.
ASSETS / RESERVES:
● <75% LTV—None Required; >75% LTV—6 mos.; Loan Amount >$2M—12 Mos.
● Cash-out may be used to satisfy reserve requirement .
● Gift funds are allowed:
>80% LTV Borrower must contribute 5% own funds;
≤80% LTV 100% of down payment and closing costs may come from gift funds.
Note: Gift funds may not be used to satisfy reserves requirements
OCCUPANCY:
● Owner Occupied and 2nd Home
● First-time Homebuyers allowed, see program guidelines
LENDER CREDIT:
● HomeXpress will allow the application of Lender Credit to be used for recurring and nonrecurring closing costs.
● Any overages will be applied to principal reduction.
● Lender Credit can be used on Lender Paid and Borrower Paid Loans
● Lender Credit cannot be used to pay broker compensation.
2ND APPRAISAL:
● Purchase and Rate & Term Rei: 2nd Appraisal Required for loan amounts >$2M
● Cash-out Rei: 2nd Appraisal Required for loan amounts > $1.5M

BROWARD County, FL Covering All Florida  Self Employed Mortgage Lenders 

Self Employed Mortgage Lenders Type City Population Timezone Area Code(s)
Self Employed Mortgage Lenders 33004 Mortgage Lenders Dania 15,588 Florida 954
Self Employed Mortgage Lenders 33008 Mortgage Lenders Hallandale 0 Florida 954/754
Self Employed Mortgage Lenders 33009 Mortgage Lenders Hallandale 39,341 Florida 954/754
Self Employed Mortgage Lenders 33019 Mortgage Lenders Hollywood, FL 15,107 Florida 954/754
Self Employed Mortgage Lenders 33020 Mortgage Lenders Hollywood, FL 41,329 Florida 954/754
Self Employed Mortgage Lenders 33021 Mortgage Lenders Hollywood, FL 45,921 Florida 954/754
Self Employed Mortgage Lenders 33022 Mortgage Lenders Hollywood, FL 0 Florida 954/754
Self Employed Mortgage Lenders 33023 Mortgage Lenders Hollywood, FL 63,576 Florida 954
Self Employed Mortgage Lenders 33024 Mortgage Lenders Hollywood, FL 63,916 Florida 954
Self Employed Mortgage Lenders 33025 Mortgage Lenders Hollywood, FL 59,039 Florida 954
Self Employed Mortgage Lenders 33026 Mortgage Lenders Hollywood, FL 28,498 Florida 954
Self Employed Mortgage Lenders 33027 Mortgage Lenders Hollywood, FL 57,663 Florida 954
Self Employed Mortgage Lenders 33028 Mortgage Lenders Pembroke Pines 26,696 Florida 954
Self Employed Mortgage Lenders 33029 Mortgage Lenders Hollywood, FL 45,235 Florida 954
Self Employed Mortgage Lenders 33060 Mortgage Lenders Pompano Beach 32,154 Florida 954/754/561
Self Employed Mortgage Lenders 33061 Mortgage Lenders Pompano Beach 0 Florida 954/754/561
Self Employed Mortgage Lenders 33062 Mortgage Lenders Pompano Beach 23,948 Florida 954/754/561
Self Employed Mortgage Lenders 33063 Mortgage Lenders Pompano Beach 51,019 Florida 954/754
Self Employed Mortgage Lenders 33064 Mortgage Lenders Pompano Beach 52,969 Florida 954/754/561
Self Employed Mortgage Lenders 33065 Mortgage Lenders Coral Springs 51,921 Florida 954/754
Self Employed Mortgage Lenders 33066 Mortgage Lenders Pompano Beach 15,760 Florida 954
Self Employed Mortgage Lenders 33067 Mortgage Lenders Pompano Beach 26,458 Florida 954/754
Self Employed Mortgage Lenders 33068 Mortgage Lenders Pompano Beach 49,824 Florida 954
Self Employed Mortgage Lenders 33069 Mortgage Lenders Pompano Beach 25,700 Florida 954/754
Self Employed Mortgage Lenders 33071 Mortgage Lenders Coral Springs 36,964 Florida 954/754
Self Employed Mortgage Lenders 33072 Mortgage Lenders Pompano Beach 0 Florida 954/754/561
Self Employed Mortgage Lenders 33073 Mortgage Lenders Pompano Beach 29,168 Florida 954/754/561
Self Employed Mortgage Lenders 33074 Mortgage Lenders Pompano Beach 0 Florida 954/754/561
Self Employed Mortgage Lenders 33075 Mortgage Lenders Coral Springs 0 Florida 954
Self Employed Mortgage Lenders 33076 Mortgage Lenders Pompano Beach 29,751 Florida 954/754
Self Employed Mortgage Lenders 33077 Mortgage Lenders Pompano Beach 0 Florida 954/754/561
Self Employed Mortgage Lenders 33081 Mortgage Lenders Hollywood, FL 0 Florida 954/754
Self Employed Mortgage Lenders 33082 Mortgage Lenders Pembroke Pines 0 Florida 954/754
Self Employed Mortgage Lenders 33083 Mortgage Lenders Hollywood, FL 0 Florida 954/754
Self Employed Mortgage Lenders 33084 Mortgage Lenders Hollywood, FL 0 Florida 954/754
Self Employed Mortgage Lenders 33093 Mortgage Lenders Margate 0 Florida 954/754/561
Self Employed Mortgage Lenders 33097 Mortgage Lenders Coconut Creek 0 Florida 954/754/561
Self Employed Mortgage Lenders 33301 Mortgage Lenders Fort Lauderdale 14,586 Florida 954/754
Self Employed Mortgage Lenders 33302 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33303 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33304 Mortgage Lenders Fort Lauderdale 17,724 Florida 954
Self Employed Mortgage Lenders 33305 Mortgage Lenders Fort Lauderdale 11,927 Florida 954
Self Employed Mortgage Lenders 33306 Mortgage Lenders Fort Lauderdale 3,397 Florida 954
Self Employed Mortgage Lenders 33307 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33308 Mortgage Lenders Fort Lauderdale 28,217 Florida 954
Self Employed Mortgage Lenders 33309 Mortgage Lenders Fort Lauderdale 33,705 Florida 954
Self Employed Mortgage Lenders 33310 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33311 Mortgage Lenders Fort Lauderdale 63,786 Florida 954
Self Employed Mortgage Lenders 33312 Mortgage Lenders Fort Lauderdale 49,343 Florida 954
Self Employed Mortgage Lenders 33313 Mortgage Lenders Fort Lauderdale 56,039 Florida 954
Self Employed Mortgage Lenders 33314 Mortgage Lenders Fort Lauderdale 21,885 Florida 954
Self Employed Mortgage Lenders 33315 Mortgage Lenders Fort Lauderdale 12,153 Florida 954
Self Employed Mortgage Lenders 33316 Mortgage Lenders Fort Lauderdale 10,044 Florida 954/754
Self Employed Mortgage Lenders 33317 Mortgage Lenders Fort Lauderdale 35,372 Florida 954
Self Employed Mortgage Lenders 33318 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33319 Mortgage Lenders Fort Lauderdale 44,420 Florida 954
Self Employed Mortgage Lenders 33320 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33321 Mortgage Lenders Fort Lauderdale 44,327 Florida 954
Self Employed Mortgage Lenders 33322 Mortgage Lenders Fort Lauderdale 37,858 Florida 954
Self Employed Mortgage Lenders 33323 Mortgage Lenders Fort Lauderdale 18,929 Florida 954
Self Employed Mortgage Lenders 33324 Mortgage Lenders Fort Lauderdale 42,847 Florida 954
Self Employed Mortgage Lenders 33325 Mortgage Lenders Fort Lauderdale 27,570 Florida 954
Self Employed Mortgage Lenders 33326 Mortgage Lenders Fort Lauderdale 31,257 Florida 954
Self Employed Mortgage Lenders 33327 Mortgage Lenders Fort Lauderdale 22,658 Florida 954
Self Employed Mortgage Lenders 33328 Mortgage Lenders Fort Lauderdale 27,415 Florida 954
Self Employed Mortgage Lenders 33329 Mortgage Lenders Fort Lauderdale 0 Florida 954
Self Employed Mortgage Lenders 33330 Mortgage Lenders Fort Lauderdale 14,107 Florida 954
Self Employed Mortgage Lenders 33331 Mortgage Lenders Fort Lauderdale 23,204 Florida 954
Self Employed Mortgage Lenders 33332 Mortgage Lenders Fort Lauderdale 11,199 Florida 954
Self Employed Mortgage Lenders 33334 Mortgage Lenders Fort Lauderdale 28,749 Florida 954
Self Employed Mortgage Lenders 33335 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33336 Unique Fort Lauderdale 0 Florida 954
Self Employed Mortgage Lenders 33337 Unique Fort Lauderdale 0 Florida 954
Self Employed Mortgage Lenders 33338 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33339 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33340 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33345 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33346 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33348 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33349 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33351 Mortgage Lenders Fort Lauderdale 32,890 Florida 954
Self Employed Mortgage Lenders 33355 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33359 Mortgage Lenders Fort Lauderdale 0 Florida 954
Self Employed Mortgage Lenders 33388 Mortgage Lenders Plantation 0 Florida 954
Self Employed Mortgage Lenders 33394 Mortgage Lenders Fort Lauderdale 0 Florida 954/754
Self Employed Mortgage Lenders 33441 Mortgage Lenders Deerfield Beach 26,838 Florida 954/754/561
Self Employed Mortgage Lenders 33442 Mortgage Lenders Deerfield Beach 28,075 Florida 954/754/561
Self Employed Mortgage Lenders 33443 Mortgage Lenders Deerfield Beach 0 Florida 954/754/561

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