Ideal for self-employed individuals who may have variable income. Instead of traditional income documentation, lenders review bank statements.
Considers a borrower's assets as a source of income. Lenders calculate a monthly income based on the borrower's total assets.
Borrowers state their income and assets without providing traditional verification. These are often used by those with complex income structures.
Short-term loans for real estate investors purchasing and renovating properties with the intention of selling them quickly.