ATR Express – Income Documentation Options

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

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Block 1

Profit & Loss Only

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

Profit & Loss

Block 2

Bank Statement

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

Bank Statement

Block 3

Asset Depletion

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

Asset Depletion

Block 4

Ready Asset

This option allows borrowers 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

Block 1

Full Doc

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

Full Doc

Want to talk to a member of our team? Call  1-833-394-8404