You probably know that when you apply for a mortgage, you usually are asked to present your W-2.
But what if you do not have a W-2? Borrowers with non-traditional employment situations can find themselves up against roadblocks during the traditional mortgage application process.
But when you apply for a loan through Granite West Funding, we make it easy. If you do not have a W-2, we do not require you to present us with one. Instead, you can apply for a bank statement loan, also called a “stated income loan” in California.
With a bank statement loan, you document your income simply by providing us with bank statements rather than tax forms.