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Updated almost 4 years ago,
Bank Statement Loans for Self Employed
I am currently self employed and considering a bank statement loan. Two years ago I applied for conventional financing for a house hack situation and was only approved for a small amount due to my DTI being so high. I sort of screwed myself by writing too much off my taxes. This year I either plan on adjusting my write offs and paying more in taxes (unfortunately) in order to qualify for more OR I am considering a Bank Statement Loan. If anyone has experience or advice on this type of loan I would love to hear about it.