Definition
Bank Statement Loan
A non-QM programme qualifying self-employed borrowers on 12 to 24 months of deposits rather than tax returns.
Nearby terms
Assumable Mortgage
A loan a qualified buyer can take over on its existing terms.
Balloon Payment
A large lump sum due at the end of a loan term that was not fully amortized over that term.
Basis Point
One hundredth of a percentage point.
Bridge Loan
Short-term financing allowing a buyer to purchase before selling an existing property.
Ready when you are
See your real numbers before you fall in love with a house.
Live rates, a full cost breakdown, and a pre-approval you can shop with. It takes a few minutes and it does not lock you into anything.
No fee · No obligation · Pre-approval typically under an hour · Call or text 24/7 · NMLS 2705737