Self-employed borrowers in Biddeford may have income that varies throughout the year or is affected by business deductions and expenses. Kristeen Smith helps eligible borrowers explore mortgage options that can consider qualifying personal or business bank deposits when evaluating income. Depending on the borrower and property, available options may support an owner-occupied home purchase or an eligible second home. Kristeen takes the time to explain the documentation, property requirements, and qualification factors involved. Her personalized approach helps borrowers understand their options and prepare for the mortgage process with greater clarity. She remains available to provide straightforward guidance throughout the journey from application to closing.

Bank statement mortgage options can offer eligible self-employed borrowers an alternative approach when traditional tax documentation does not fully represent their financial picture. Depending on the applicable program, borrowers may use 12–24 months of qualifying bank statement history to help establish income. Eligible one-family owner-occupied purchases may offer financing up to 85%, while qualifying second-home purchases may offer financing up to 80%. Borrowers with at least one year of self-employment may also have an opportunity to qualify under applicable guidelines. Kristeen works closely with each client to understand their financial circumstances and explain the requirements that may apply to their mortgage. If you are considering purchasing a home in Biddeford, she is here to help you explore your options and move forward with confidence.