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Bank Statement

Small business owners and self-employed individuals have the ability to obtain permanent financing on their rental properties by underwriting their income, instead of rental property cash flow. We do this by analyzing bank statements and do not require tax returns.

Lending Criteria

LOAN AMOUNT

$75,000 to $1.5 million. Loan amounts outside of this range considered.

LOAN TERM

30-year term; fully amortizing entire term, or I/O for 10 years with rate fixed for 5 years then adjustable every 6 months

LOAN TO VALUE

Up to 80%; 75% for cash-out refinances with low seasoning

PREPAYMENT PENALTY

Multiple PPP options available, including No PPP

(depending on the state)

CLOSING TIMELINE

2-3 weeks

Additional Guidelines

FICO

660 min hard credit assessment

ABILITY TO REPAY VERIFICATION

12 months of bank statement transactions analyzed to calculate income and determine loan size based on a 50% debt-to-income ratio

PROPERTY CONDITION

Appraisal showing C4 condition or better

ELIGIBLE PROPERTIES

Single-family, townhomes, condos (warrantable and non-warrantable), and 2-4 units. Portfolios are not allowed.

ELIGIBLE STATES

Nationwide except ND, NV, SD, VT and WV

BORROWER

Entities only. A personal guarantee is required. Non-recourse is not allowed.

MORTGAGE PAYMENTS

Taxes and insurance are escrowed. Mortgage payments are collected by ACH.

Mortgages are offered in Partnership with other Private Lenders. This is not a commitment to extend mortgage credit. Mortgage products, programs, eligibility criteria, pricing, and terms are subject to change without notice and at the sole discretion of the lenders. All data and information in this "as is" for information purposes only and may not be accurate and may be subject to change with or without notice. Unless otherwise communicated in writing, all data and information Lender provides is "as is" without warranty whatsoever. Additional disclosures will be provided by specific lenders.

Contact Us Today

Arrange a consultation with us today to delve into your real estate transaction. Discover how we can guide you seamlessly to the closing table.

Opportunity Enterprises: Guiding Your Real Estate Deals to a Seamless Closing.

Contact

Address:

4480H S. Cobb Dr. STE475, Smyrna, GA 30080

sheri@opportunityenterprises.com


© 2025 Opportunity Enterprises LLC. All rights reserved. We act solely as loan brokers and do not guarantee funding. All loan applications are subject to a comprehensive review process and approval is not assured. For detailed terms and conditions, please refer to our Disclaimer Page.

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