Bank Statement Correspondent - First National Bank of America

A nationally chartered bank providing access to some of the highest CD (certificate of deposit) rates in the industry along with high-yield savings accounts, Non-QM mortgages, commercial loans, Self Directed IRA loans and more!

Bank Statement Highlights

12 month Expense Ratio method – Quicker income qualification!
- Calculate income by entering all deposits for 12 months and apply 3rd party verified Expense Ratio to deposits
12 month Traditional statement review
- Calculate income by entering all deposits for 12 months and subtract all business expenses

Bank Statement Documentation Requirements

12 months consecutive bank statements
Completed BSI Questionnaire
Expense Ratio certification from a 3rd party (if applicable)
- Supporting documentation that the 3rd party reviewer is licensed or qualified
Proof of business ownership (if applicable)

Questions? Give us a call today!

Mike Tiraboschi

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Nick Davis

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Routing Number: 072412435

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