Our Bank statement loan program allows self-employed borrowers to utilize their full gross income which maximizes your purchasing power. We can simply review your bank statement deposits to determine your debt-to-income ratio.
Our Bank statement loan program allows self-employed borrowers to utilize their full gross income which maximises your purchasing power. We can simply review your bank statement deposits to determine your debt-to-income ratio.
A Self-employed bank statement loan does not require any W-2s or Tax returns
instead, we look at your bank statements to prove your debt-to-income ratio. You
need bank statements of at least 12 months from a personal banking account. Talk to a RanLife loanofficer about how this can give you a leg up on the competition as well as make for asmooth transition. OAC & Restrictions may apply.
if you are one of the 44 Million workers that are self-employed, this loan program is a
great way to get a home loan when you don't have a traditional income.
You are able to use your total 1099 income to qualify for this program.
To qualify we do not need your tax return we only need your Bank statements for income calculation. Personal Bank statements of at least a year are allowed.
We do loans up to $3,000,000 and only 10% down is required to purchase a home.
Bank Statements
Loan Qualification
Are Not Needed
Your New Home
Fast loan closings. Up to two times faster than the competition.
In-house advantage. Because we have in-house processors and underwriters, including a certified USDA underwriter, you have the comfort of knowing that your loan is in our hands at all times, never with a third party.
Accessible loan officers. Buying a house doesn't always fit between the hours of 9 to 5. When you need us, we're there.
Low and competitive interest rates and fees.
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Direct Mortgage Lender and Servicer. We don't sell your loan to another mortgage company.
Walk MS gives a voice to the MS movement and brings us closer to a cure - RANlife has donated almost $53,000 to help the cause.
Learn More
RANLife was the first lender in Utah to roll out e-notes.
Greg Walker speaks to homeowners on x96 and Radio from Hell about how to navigate homeownership during the pandemic.
Listen To It Now
Walk MS gives a voice to the MS movement and brings us closer to a cure - RANlife has donated almost $53,000 to help the cause.
Learn More
RANLife was the first lender in Utah to roll out e-notes.
Greg Walker speaks to homeowners on x96 and Radio from Hell about how to navigate homeownership during the pandemic.
Listen to it Now
I just wanted to say thank you for all your help, time, and support during the purchase of our new home. You walked me through every step and were so great in keeping in contact with me. When I became discouraged you kept me going on track. I have worked with other loan officers in the past and none compare! I would definitely recommend you to anyone! Thanks again for helping us into our new home.
Angie Rogers
