ATR Express – Income Documentation Options

First National Bank of America is committed to making mortgage approvals easy! Our ATR Express is a suite of options meant to help your client prove their ability to repay (ATR) a mortgage utilizing an Income Documentation option that fits their life. Take a look at the options below to learn more about each one. Our experienced loan officers will work with you and your clients to determine the best approach to a Non-QM mortgage approval!

Profit & Loss Only

This is a perfect option for your clients that are self-employed and is an alternative to using their bank statements! We understand that as a business owner, tax returns don’t always tell the whole story.

Profit & Loss

Bank Statement

Another great option for your self-employed or 1099 clients. This income documentation options allows clients to use Personal or Business Bank Statements and we only require 12 months of history!

Bank Statement

Asset Depletion

Excellent option for your clients that need to supplement their income with seasoned assets in order to show adequate income to qualify for a mortgage.

Asset Depletion

Ready Asset

This option allows your clients to get approved for a mortgage with no income! Great for the high net worth borrower or retired individual that has seasoned assets.

Ready Asset

Full Doc

Borrowers can qualify for a Non-QM mortgage using Tax returns and W2’s.

Full Doc