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 NMLS# 193181

Southchase Mortgage

22394 Miflin Road, Suite 201A, Foley, AL 36535

(251) 625-0444


Monday - Friday: 8am - 8pm

Saturday: 8am - 8pm

Sunday: 8am - 8pm

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Bank Statement Loan Programs for Self-Employed Borrowers



No Tax Returns Required

12 Months Personal Bank Statements

24 Months Business Bank Statements 

Loan Amounts up to $3 Million

Minimum Loan Amount $150,000

Credit Scores Down to 600

Up to 90% LTV with No Mortgage Insurance (MI)

DTI up to 50% considered

Primary Residence, Second Homes, and Investment Property

5/1 ARM or 30 Year Fixed

Minimum 2 Year Self Employed Required



As a Mortgage Broker, we are able to offer:

Up to 90% Rate & Term Refinance

Up to 85% Cash Out Refinance

Primary Residence 

Second Homes

Investment Property

Conventional Loans For Self Employed Borrowers

Self Employed Loan Programs including Bank Statement, Asset Based, and Stated Income.

If you have been in business 5 years or more, we can help Self Employed Borrowers with loan amounts up to $679,650 at super low CONVENTIONAL RATES, and the borrower could qualify for our No Cost Appraisal.  

This could be for Purchase or Refinance, with Loan to Values up to 97% LTV Primary Residence, 90% LTV Second Home, or 85% LTV Investment Property-all available with No Monthly Mortgage Insurance.