The Gateway Self-Employed Mortgage Suite™

📅Mark your calendar: January 15 at 11:00 a.m. MST 

Ready to master the art of alternative lending? Join us for an exclusive alt-lending webinar where we’ll share expert tips and strategies to help you tackle alt-lending files with confidence. Register now to secure your spot!

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)

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.

Experience the benefits of an expertly tailored solution.

Attention to detail is key to alt lending. The more information you provide, the better the outcome (better turnaround time, accurate rate, approved file, etc.). By collaborating with your BDM to package your deal, you’ll make the most of your client’s time (and yours). Help us vet your file before submitting your deal. Complete our vetting form to get the conversation started.

Who is this form for?

• You’re already signed up as a Bridgewater Bank partner
• You have a file in hand and are ready to discuss the details
• The file has a Loan-to-Value ratio of 80% or less

Does this sound like you? If yes, complete our vetting form below with as many details as possible. Next, a BDM will reach out, and you’ll be in a great position to chat.