SP-A10 Select Income per Bank Statements or 1099

SP-A10 Select Income per Bank Statements or 1099

Alternative Qualification

SP-A10 Select Income per Bank Statements or 1099

Designed for borrowers whose true income is documented by their bank statements.

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Up to 85% LTV; Interest-Only option to 80% LTV
Max Loan Amount $4M
Sprout's Bank Statement Desk optimizes income prior to underwriting
CPA P&L not required
1-4 units, Warrantable / Non-Warrantable Condos, Condotels
Primary residence, second homes, investment / business purpose properties
Min 660 credit score (680 in NY)
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Call us at (844) 664-6100 to learn how our full line of loan programs can help your borrowers

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90 Merrick Avenue, East Meadow, NY
(844) 664-6100
info@sproutmortgage.com
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©2020 Recovco Mortgage Management, LLC dba Sprout Mortgage. All Rights Reserved. 4600 Fuller Drive, Suite 300, Irving TX 75038. Corp NMLS#: 1200721 (For licensing information, go to www.nmlsconsumeraccess.org). This communication is provided for use by real estate or mortgage professionals only and is not intended for distribution to consumers or other third parties. This does not constitute an advertisement as defined by Section 1026.2(a)(2) of Regulation Z.
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