• UWM has announced four new bank statement loan offerings of up to $3 million for self-employed borrowers.
• These new loan offerings will allow self-employed borrowers to provide bank statements in lieu of tax returns in order to qualify for a loan.
• This is a welcome development for self-employed borrowers who have been struggling to obtain financing in recent years.
Self-employed borrowers have had a tough time getting loans in recent years. However, UWM announced this week that it has added four new bank statement loan offerings of up to $3 million specifically for self-employed borrowers. With these new loan offerings, self-employed borrowers will be able to provide bank statements in lieu of tax returns in order to qualify for a loan. This is a welcome development for self-employed borrowers who have been struggling to obtain financing.
You can read this full article at: https://www.housingwire.com/articles/uwm-expands-bank-statement-loan-offerings/(subscription required)
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