Bank Statement Loan Benefits

April 3, 2024 ICON

Bank Statement

Personal/Business Bank Statement Loan

Expand your reach to a large group of high net worth potential borrowers who don’t have the traditional qualifying information on their tax returns. ICON Capital’s Bank Statement Program gives your eligible Self-Employed Borrowers an option to borrow up to $3 million with Personal or Business Bank Statements in lieu of tax returns.

$2M Loan Amount

Up to 6 loans, or $5M, with one lender. No max cash-out. Low Ratio 0.8 to 1.0, with 1.20 or better seeing the best rates.

80% LTV

Up to 80% LTV. First time buyer/investor OK. 100% Gift Funds allowed. No minimum Borrower contribution.

1-4 Units

DSCR can be used to purchase 1-5 units. 5-8 units OK on our commercial product. Please inquire.

A Bank Statement Home Loan is often the best option for Self-employed Borrowers who cannot easily prove income with paystubs, W-2’s, or Tax Returns.

What is required?

All of your income documentation.

What is required?

All of your income documentation.

What is required?

All of your income documentation.

What is required?

All of your income documentation.

What is required?

All of your income documentation.

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    SAN DIEGO

    ICON CAPITAL
    1041 Market St
    San Diego, CA 92101

    888 807 5753 x 405

    858 283 7095

    sd@iconcapitalsd.com

    MIAMI

    ICON CAPITAL
    936 SW 1st Ave
    Miami, FL 33130

    888 807 5753 x 505

    305 433-5450

    matt@iconcapitalsd.com

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