Qualify on your deposits, not your tax returns. For self-employed and high-net-worth buyers purchasing in Upper East Side, this is often the only path to the number your income actually supports.
No 1040s, K-1s, Schedule Cs, or P&Ls.
12 or 24 months of deposits, averaged.
As little as 10% down for strong files.
1 year accepted with prior W-2 in same field.
Classic pre-war co-ops with strict board packages - Brian knows the underwriters who move on UES files without a fuss. Higher-value homes in Upper East Side often pair with a self-employed or high-net-worth buyer whose tax returns understate real income — bank-statement and asset-utilization programs solve exactly that.
Bank-statement qualifies you on 12-24 months of deposits. If you're asset-rich but income-light, an asset-utilization loan turns liquid reserves into qualifying income instead — useful for higher price points like Upper East Side. I'll match the file to whichever program prices best.