Bank statement loans

[Kyle Varga]

Helping someone buy a primary residence with 25% down in San Antonio. Great credit. Self employed tax returns don’t show true income. 

Can anyone help? We are already under contract and need someone asap. 

[Joe Splitrock]

Originally posted by @Kyle Varga:

Helping someone buy a primary residence with 25% down in San Antonio. Great credit. Self employed tax returns don’t show true income. 

Can anyone help? We are already under contract and need someone asap. 

 Tax returns show true income unless, you are committing tax evasion. That is a crime that the IRS takes very seriously and banks will not lend based on illegal income. The best help you can give this person is advising them to pay their taxes, otherwise they will end up with a free place to live.