Bank Statement Mortgage

If you're a self-employed or independent individual looking to buy a home in New Jersey, getting a mortgage can be a daunting task. The traditional method of verifying income through personal or business tax returns may not work for everyone. That's where Cornerstone Mortgage Group, Inc's bank statement mortgage program comes in. This alternative loan program uses bank statements from the past 12 or 24 months to determine an applicant's income.

The underwriting process reviews the consistency and total amount of deposits to come up with an income number. This can be a great option for those who have non-traditional income sources, as well as those who have difficulty providing tax returns. Cornerstone Mortgage Group, Inc's bank statement loan program offers a flexible and convenient solution for self-employed or independent individuals in the New Jersey area who are looking to purchase a home.

Cornerstone Mortgage Group is a brokerage firm in New Jersey that has relationships with over 20 wholesale lenders. Through our relationships we have the ability to shop for the best mortgage rates the market has to offer as well as a full range of different mortgage programs. The bank statement mortgage is a program that is offered by Cornerstone. The company is experts in this program and for years we’ve been helping individuals who own businesses or are independent qualify through this program to achieve homeownership.