fbpx
AD Mortgage

12/24 Months Bank Statements

A&D Mortgage understands that borrowers should not be denied the opportunity of homeownership because they don’t meet the stringent requirements that traditional lenders require.

Our A&D 12/24 Month Bank Statement loans are perfect Non-QM options for self-employed and high net worth individuals who are unable to document their income with tax returns. To qualify for this loan, we allow the use of 12 and 24 months of Business and Personal bank statements.

Program highlights:

  • FICO 580
  • Up to 90% CLTV
  • Loan amounts up to $4 million
  • Max cash in hand $1 million, no limit for CLTV < 55%​
  • 3 months reserves​
  • 12 months from bankruptcy or foreclosure​
  • Mortgage history 0 x 60 x 12​
  • Combination of business and personal bank statements allowed​
  • Condo and condotels allowed
  • Cryptocurrencies accepted for reserves, down payments and closing costs

Video tutorial

Join Us

  • Get in touch with us

Other Programs

block view
row view

Asset Utilization

- FICO 580
- Up to 80% CLTV
- Cash-out up to 75% CLTV
- Savings and checking 100%
- Securities at 100%
- Cryptocurrencies accepted for reserves, down payments and closing costs
- Retirement at 70%
- Cash out available
- Income calculation - all eligible assets divided by 60
- Super Prime & Prime programs

Full Doc Non-QM

- FICO 580
- 90% CLTV
- Loan amounts up to $4 million
- Max cash in hand $1 million, no limit for LTV < 55%
- DTI up to 55%
- 30 & 40 Year Fixed, 5/6 ARM, 7/6 ARM
- Traditional income​
- 2-year credit event allowed​
- Super Prime & Prime Programs​
- Condo up to 90% CLTV​
- Condotels up to 70% CLTV
- NY up to 90% CLTV
- Cryptocurrencies accepted for reserves, down payments and closing costs

DSCR

- FICO 599
- Up to 85% CLTV
- Loan amounts up to $3 million
- Max cash in hand $1 million, no limit for CLTV <55%
- 40- & 30-year fixed, 5/6 ARM, and 7/6 ARM terms
- Cryptocurrencies accepted for reserves, down payments and closing costs
- No income or employment verification
- DSCR as low as 0
- Cash-out proceeds may be used for reserves
- Eligible for Non-Permanent Residents and Foreign Nationals
- DSCR is available under Foreign National Program
- Ownership of any property within the past 24 months
- Condotels allowed

Non Permanent Resident

- FICO 660
- Up to 90% CLTV
- Bank statements allowed
- Cryptocurrencies accepted for reserves, down payments and closing costs