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Business owners and 1099 private contractors – Did you know, with a 12 month bank statement mortgage, you can get approved based on average bank deposits, NOT tax returns?
With a 12 month bank statement mortgage, tax returns are not required.
Your income is calculated based on 12 month deposits.
Here is everything you need to know about getting approved for a 12 month bank statement mortgage on a home purchase and refinance.
https://balanceprocess.com/12-month-bank-statement-mortgage/
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