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Updated over 2 years ago on . Most recent reply

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Tyler Brungardt
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Bank Statement Loan Question

Tyler Brungardt
Posted

Watched multiple videos on the topic and have a question that I can’t find an answer to. For a self employed bank statement loan it seems fairly common to find 12 and 24 month bank statement loans. I’m confused about whether I need to be in business for 2yrs before I can use a 12 month bank statement loan. Started my business in Dec. of last year and was hoping to use a 12 month bank statement loan in Jan-March of next year but it seems I might have hit a snag if I need to be in business for 2yrs to pull it off.  Thanks!!

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