Is it a good idea to apply for a nonconforming loan?
I'm looking for a non-conforming loan since I've been having difficulty getting a traditional loan since I am self employed. I can put down 20% with a credit score of 786. I have a W2 for a year and been self employed for the past 2 years. I am in the same industry for 12 years now and I need all the income so I can get approved for a loan. What are my chances? by karina259 from Bear Creek, Arizona. Feb 27th 2023
Rocke Andrews (mortgagerock)
#98 ranked lender in Arizona - 11 contributions
Very good- with 20% down and good credit
Absolutely! A bank statement loan is more than likely your best option. You can qualify using the cash flows in either your personal or business bank statements. Qualification is simple. The best place to start is to complete an application with an experienced lender to know how much you qualify for. Dharper@stridebank.com
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