Are there any lenders basing the income of the lender on recent bank statements rather than past tax reports?

Yes. I have a product called 'asset based' that will use your current assets as income. Jacob 720.210.7898 or apply online through my secure online loan application,https://secure.web-loans.com/secure.aspx?u=mac5mortgage.vlending.com&lo=57

No unfortunately every lender in the nation looks at only tax returns for self employed. There is private lenders out there but their rates are usually above 10% and need 35% down or more.

I do work with a Jumbo investor that will do that but you need to finance at least 1 million.

Not for what you are looking for.

Sorry, no. That was a sub-prime loan product of the past that went away with the collapse of the real estate market.

No. The new rules on Qualified Mortgages require the ORIGINATING lender to "evaluate the borrowers ability to repay the loan" the requirements for this are standard income documents.

Not on the conventional side. You might find a Portfolio lender that will.

I don't know of any lender with a bank statement program but if you have assets, (mutual funds, stocks, savings, IRA, 401k, etc.) there are mortgage programs that will treat that as income. You don't need to move the funds but in some cases they are secured. The product I have that allows this has a minimum loan amount of $300,000 however. As you shop around ask about asset based loans. Good luck to you!

Unfortunately no, but if you have enough stocks or bonds you may be able to do a collateralized loan. If not, you may need to contact a hard money or private lender, but the terms usually require a hefty down payment and high interest rate.