Mansfield Mortgage is your local expert on bank statement loans in Vermont. There are two separate qualification options that take into consideration all the income and assets self-employed high net worth borrowers have at their disposal. Contact Mansfield Mortgage to learn more and apply for a bank statement mortgage loan!

Ready for a bank statement mortgage loan? There are two qualifications to consider when applying: asset and based on bank statements.

Asset Base Qualifications

Personal or business statements allowed

• Borrowers are qualified based on verified liquid assets

• Foreign Nationals allowed

• Credit scores as low as 680

• Loan amounts up to $3 million

• Minimum loan amount $100,000

• Multiple Options (5/1, 7/1, 10/1 ARM; 15 and 30 Year Fixed Available)

• Max cash out $1.5 million

• Employment and income are not required to be disclosed on the 1003 loan application

• Upon meeting fund seasoning from an approved bank, no domestic seasoning required

Bank Statements

New! Personal or business statements allowed.

Retirement and other income allowed. Self-Employed Borrowers* using Bank Statements with or without Asset Amortization. One borrower must be self-employed and may have a W-2 co-borrower.

• Loan amounts up to $3 million

• Minimum loan amount $100,000

• Multiple Options (5/1, 7/1, 10/1 ARM; 15 and 30 Year Fixed Available)

• Max cash out $1.5 million

DTI (debt ratio) up to 50%