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Mortgage in Alabama

Alabama Bank Statement Mortgage

BANK STATEMENT MORTGAGE

The Bank Statement Mortgage changes the way business owners, entrepreneurs, start-up founders and the self-employed get approved for a mortgage. We were the first mortgage lender to offer business owners & self-employed individuals the flexibility of a bank statement mortgage- this loan uses your bank statements to confirm mortgage loan viability. With the bank statement mortgage, you can take advantage of business tax write offs, that would have otherwise affected your ability to secure the home loan amount you wanted.

Why is Bank Statement Mortgage Such A Great Loan Program?

  • No Tax Returns or Tax Transcripts required- ever
  • Income is calculated using average deposits in your bank account
  • 12 or 24 months Personal Bank Statements
  • 24 Months Business Bank Statements
  • Purchase a new home with as little as 10% Down
  • Rate and Term Refinance up to 90% of your home’s value
  • Cash out Refinance up to 80% of your home’s value
  • Loan amounts from $100,000 up to $2.5 Million
  • Debt to Income Ratios up to 55%
  • Adjustable, Fixed Rate Options, and Interest Only Options Available
  • Must be Self Employed for 2+ year 

Colorado Mortgage & Home Loans For Business Owners

Alabama Loan Experts works with so many business owners and self-employed borrows because we make the mortgage process simple. I’m a business owner too, I get it! You should be able to take full advantage of your tax writeoffs. If you have been denied a mortgage because you write off all or some of your income on your tax returns, Alabama Loan Experts can use your bank statements to determine if you can get a loan! It’s a far more accurate way to measure the income and creditworthiness of business owners and self-employed borrowers. Your success isn’t going to be held against you! You no longer have to balance your write-offs against your income. Alabama Loan Experts uses your actual income to determine whether you can afford a mortgage, not your tax returns.

We have created a team of hardworking mortgage professionals, who enjoy serving homeowners with integrity and enthusiasm. We place our value in the high level of service we provide to borrowers, Realtors, builders and each other. Our team is committed to excellence and doing the right thing, every time. If you share our values and commitment to providing exceptional customer service, please consider joining our team.

Alabama Home Loans & Mortgages

Best Home Mortgage Options For Ideal Borrower Situations

Pay Off High Interest Debt and Cash-out Equity In Your Home

Flexible Home Mortgage Guidelines With Attractive Rates

Refinance Your Current Home Mortgage Without An Appraisal

Higher-Dollar Home Loans From A Trusted Mortgage Lender

No Down Payment VA Home Loan For Military Veterans & Active Duty

Home Mortgage For Business Owners & Self-Employed

Get a 5-min Home Loan Approval & Close Your Mortgage in 14-days!

The Mike Carey Team – Offices Located in Foley and Orange Beach

316 McKenzie St., Suite 118
Foley, Alabama 36535

27250 Perdido Beach Blvd. #F3
Orange Beach, Alabama 36561

WHy CHoose Alabama Loan Experts

CUSTOMER SERVICE

Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS

As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

WE ARE THE EXPERTS

Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES

We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

Mortgage In Alabama

The Home Loan Expert, LLC NMLS#1326241