Who it may fit
Business owners and self-employed buyers whose tax returns may not fully reflect the income considered under an eligible program.
What to know
- Eligible bank deposits can be part of the income review.
- Business expenses and deposit sources still need evaluation.
- Personal and business accounts may be treated differently.
Let’s look at the details.
Bank deposits do not automatically equal qualifying income. I’ll explain the documentation period and how the program reviews deposits and expenses.
We can start with a conversation about your goals and the property. I’ll explain the next steps and what to provide through the secure CCM application.
Explore this topic at CrossCountry Mortgage
All loans subject to underwriting approval. Certain restrictions apply. Call for details. This is not a commitment to lend.