Bank Statement Loans

A strong deposit history can still get denied if the building is non-warrantable, under-reserved, or a condotel.

The math strips out non-income transfers, applies an expense ratio, and divides by the statement period to find qualifying income.

Loan sizes through select wholesale programs run from $300,000 to $30,000,000, with leverage stepping down as the price climbs.

Getting that classification wrong is the single most common way a lake house deal falls apart late in underwriting.

Financing A Ski Chalet With Bank Statements — A ski chalet purchased with bank statement income involves two separate decisions, not one.

Leverage steps down as the loan size climbs, and every file above $4,000,000 goes through case-by-case review before it’s even submitted.

Above roughly $4,000,000, every file gets individual underwriter review before it’s even submitted.

A DSCR loan qualifies the property’s rent, not your personal debts, so a yacht loan payment generally never enters the math.

A W-2 underwriter wants two years of stable, documented income.

Program size runs from $300,000 to $30,000,000 across two wholesale channels, with leverage that steps down as the loan gets larger.

A rental-property loan underwritten on the property’s own income generally never sees the jet at all.