As a broker, you know the frustration of working with clients who have strong cash flow but don’t show income traditionally on paper. Standard documentation requirements often exclude these clients, but they don’t have to.
Dominion Financial Wholesale’s Alt Doc—Bank Statement Loan is a powerful solution for expanding your pipeline and helping more clients qualify, even without tax returns.
Qualify with Bank Statements Only… No 1040s Needed
Forget the endless back-and-forth for tax documents. With Dominion Financial Wholesale’s program, clients can qualify using bank statements. It’s the perfect fit for self-employed investors, business owners, or anyone with non-traditional income streams.
Program Highlights:
– Loan Amounts Up to $3,000,000 – Fund primary, second home, or investment properties with ease.
– Up to 90% LTV – Give your clients leverage while staying competitive.
– Available for Purchase, Rate & Term or Cash-Out Refi – Help your clients refinance for better terms or simply pull equity out.
– Credit Scores as Low as 660 – Common-sense underwriting means more of your clients can qualify (even those who’ve been turned away elsewhere).
Flexible Income Documentation Options
You can offer tailored options for documentation depending on your borrower’s financials. Qualify using:
– Fixed Expense Factor – Use a simple preset ratio to calculate income
– 3rd Party Expense Statement, CPA Letter, or P&L – Add precision with documentation from qualified professionals
– Asset Utilization – Layer in assets to boost qualifying income for high-net-worth borrowers
Why This Matters for Brokers
Using this Alt Doc solution, you’ll be able to:
– Offer financing options that go beyond traditional income requirements
– Expand your reach to non-traditional borrowers
– Close more deals with less friction
– Stand out with competitive terms in a tight market
This isn’t just another bank statement loan; it’s a versatile solution for self-employed and non-traditional borrowers who don’t fit the standard mold. Whether you’re working with entrepreneurs or freelancers, this program gives you the flexibility to get them to the closing table faster.
And like everything we offer, it’s delivered with Dominion Financial Wholesale’s signature speed and broker-first service model – because your time and your client’s deal shouldn’t wait.
Ready to learn more? Partner with Dominion today!
