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Recently Funded $5,590,000 24-Month Business Bank Statement Loan

Written by Jon Maddux | Aug 8, 2023 5:00:00 PM

This borrower scored their own piece of paradise - a stunning new construction high-rise condo nestled in the heart of Sunny Isles Beach, FL. 

 Loan highlights:  

  • 24-month business bank statements - APEX PRIME loan program
  • Borrower applied a generous family gift 
  • I/O payments for 10 years of the 30-year fixed loan 
  • FundLoans allowed a CPA expense letter to verify a 40% expense factor on the borrower's business, keeping the DTI below 50%