“The Perfect Mortgage Option for these Clients”

    “The Perfect Mortgage Option for these Clients”




I have been researching “bank statement loans” and found your article here:


I live in Massachusetts and have been self-employed since 2006. I refinanced our main residence going the conventional route 3 years ago, but my wife and I are considering moving and I don’t think traditional financing will work for us this time around. My credit rating is 817, but I don’t have the income to qualify for any homes we are considering looking at.

Please let me know if these sorts of programs are still in existence and if you have any interest in helping us look further into it.

Thanks Dwight


This was an underserved market place for a number of years. It seemed there was a point in the lender world that if you were breathing you could get a mortgage. That is not the case with today’s bank statement loans.


The lenders that are offering this mortgage product do a lot of due diligence to make sure that the borrowers can make the mortgage payment going forward. This loan is a perfect fit for these clients.


Image courtesy of StuartMiles/freedigitalphotos.net

Subscribe to my blog via Email:


Enter your email address:

Delivered by FeedBurner


Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 6 commentsJoe Petrowsky • September 22 2017 06:24PM


Good morning, Joe Petrowsky I remember most real estate agents needing a no-doc program and being granted their mortgages.... not so easy now! 

Posted by Barbara Todaro, "Franklin MA Homes" (RE/MAX Executive Realty ) about 1 year ago

Making sure buyers can actually afford to stay in their new house is a great thing.

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com) about 1 year ago

Good morning Joe. And you are the perfect loan officer to make it happen. Enjoy your day 

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 1 year ago

Good morning Joe. I guess I missed something here but you are the go to guy.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) about 1 year ago

I haven't heard of anyone doing bank statement loans so nice to know.

Posted by Joe Pryor, REALTOR® - Oklahoma Investment Properties (The Virtual Real Estate Team) about 1 year ago

Dear All,

We have a providers of financial instrument and at this time Provider only has Fresh Cut Bank Guarantee and Standby Letters of Credit (FC BG/SBLC) for offer.

At this time they can issue from Deutsche Bank, HSBC, Barclays and Standard Chartered UK.  
We can also help introduce clients to monetizing companies who can help monetize your BG and grant you a non refundable financing of between 90% to 100% of the value of the BG/SBLC, this is only for BUY OUT BG/SBLC as the Monetizers DO NOT monetize Lease BG/SBLC; but we only introduce clients to monetizing company if the client secures a BG/SBLC from our Provider.
As soon as you fill out the DOA and meet with Provider's respective requirements, Provider will immediately countersign and proceed issue with issuance of the BG/SBLC.  

We look forward to working with you.

Mr. kim sungnyon
Email: sungnyon.bgsblc@gmail.com

Posted by kim sungnyon, We Offer BG,SBLC,LC for lease/sales (Financial investment limited) about 1 year ago