The Gateway Self-Employed Mortgage Suite™

Bank Statements

An excellent option for borrowers with substantial tax write-offs reflected on their financial statements but whose ability to repay their loan is strong due to the sustainability of their business, sufficient gross incomes and strong cash positions.
Our bank statement option is an alternative underwriting method that considers the challenges of these low-risk borrowers who are responsible business owners.
A simple solution for your clients:

• Who are self-employed and can prove their income through bank statements.
• Have a 600+ beacon score.
• Have been in business for 2+ years (if less than 2 years, speak with your BDM)
• Have a net business income under $250,000

Download our bank statement forms right now:

• Flex Self-Employed bank statement mortgage product sheet
• Flex Self-Employed Mortgage Form
• Bank statement program broker resource

Be sure to download your mortgage broker resources above, created to make your Flex submissions smooth and easy.

Check out a recent deal we funded using bank statements here.

Alt-Provable

Our alt-provable option helps your client find the income they need to get their ratios in line. Best for those clients:

• Who have a 500+ beacon score
• Who have corporate T2s (if incorporated)
• Who have T1 Generals (if sole proprietor)
• Who can confirm they have no taxes owing

We employ three distinct approaches to qualify income for this option: The addback approach, gross-up approach, and the profit margin approach.

Download our alt-provable forms right now:

• Gateway Self-Employed product sheet
• Gateway Self-Employed Broker resource
• Self-employed alt-provable worksheet

The entire list of possible income verification documents can be found here.

Talking to your BDM before you submit will bring the best outcome for your client.