Yes. Bank statement loans use 12 to 24 months of bank deposits instead of tax returns, so business write-offs do not reduce your qualifying income the way they do on a conventional loan.
I am based in Mountain House and serve Tracy, Manteca, Lathrop, Livermore, and the wider Central Valley and Bay Area. I am licensed in California, Arizona, Texas, and Florida. Seth Conley, NMLS #1595108.
Yes, VA loans are a specialty. I am a Navy veteran myself. VA buyers should also ask about the 4% concession rule, which can let the seller pay off personal debts at closing.
Yes. I help homeowners 62 and older across California with HECM reverse mortgages, including the required HUD counseling step and a no-pressure review of whether it fits your plans.
No. Rate quotes and consultations are free, with no obligation. Call (209) 845-7384 or use the quote form at mortgageseth.com.
The seller or builder funds a credit that lowers your rate by 2 points in year one and 1 point in year two, then it settles at the full note rate, which is the rate you qualify at. It often helps a buyer more per dollar than a price cut.