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Adonis Williams
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Bank Statement Loan

Adonis Williams
Posted Dec 26 2023, 20:59

Hey all. I have three homes and am looking for my 4th. I am looking to leverage a non-QM loan product for my 4th purchase and I want to use a bank statement loan and I would prefer for the LTV to be about 90% (I heard such products are out there). Can someone point me in the direction of a lender who does bank statement loans with a 90% LTV. Thanks.

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Ecaterina Katerina Morosan
  • Real Estate Agent
  • Miami, FL
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Ecaterina Katerina Morosan
  • Real Estate Agent
  • Miami, FL
Replied Dec 27 2023, 08:08

Hey Adonis, yes I can share my contact with you. I'm working on the same loan approval now. The terms are pretty reasonable, and the qualification process is so much easier. DMing you

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Adonis Williams
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Adonis Williams
Replied Dec 27 2023, 08:16

Thank you so much - This is much appreciated ! 

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Replied Dec 28 2023, 06:51

Hey Adonis if you are still shopping around for a product like this I would love to work. We specialize in the bank statement lending space.

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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
Replied Jan 3 2024, 14:33

Hey @Adonis Williams - I may be able to refer you to a lender, shoot me a DM if you're still looking thanks. 

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Replied Jan 6 2024, 13:06

Curious what the terms are. I tried that once and was seeing double digits %.

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Replied Jan 18 2024, 14:14
Quote from @Emanuel Santa-Donao:

Curious what the terms are. I tried that once and was seeing double digits %.


 As of right now, the rate is at 9.6% with 0.125 lender credit with us.

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Garreton Smith
  • Flipper/Rehabber
  • Bronx, NY
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Garreton Smith
  • Flipper/Rehabber
  • Bronx, NY
Replied Feb 29 2024, 13:01

Hey Adonis, how did you make out with these recommendations and answers? Looking for a similar product. Can we connect ?