We’re excited to announce that our Bank Statement Loan Program now includes co-op properties.
Suppose you’re self-employed, a freelancer, or have non-traditional income sources. In that case, this program can help you secure the financing you need for a primary residence or second home in the city.
Program Highlights
- Now Available for Co-ops – Eligible in all five boroughs
- Up to 70% LTV for co-op properties
- Loan Amounts: $100,000 minimum to $3,000,000 maximum
- Primary and Second Homes Only
- Bank Statement Options: 12-month or 24-month programs available
NYC Buyers
Co-op purchases already come with their own set of rules, board approvals, and financing hurdles. For self-employed buyers or those with complex income streams, qualifying with standard W-2s and tax returns can be a dealbreaker.
With our Co-op Bank Statement Program, your monthly deposits, not your tax returns, become the foundation for your loan qualification. This creativity allows you to purchase or refinance your NYC co-op without compromising your financial reality.
Who This Works For
- Small business owners and entrepreneurs
- Freelancers and independent contractors
- High-commission sales professionals
- Individuals with fluctuating monthly income
Contact us to learn more about this co-op bank statement program.
