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Bank Statement Loans: A Path to Homeownership for the Self-Employed
Traditional mortgage loans often require a rigorous documentation process that can be challenging for self-employed individuals or those with non-traditional income sources. Enter bank statement loans, a financing option tailored to those who don't have standard W-2 income. In this blog post, we'll explore bank statement loans, what they are, how they work, and why they offer a pathway to homeownership for self-employed borrowers.