Business owners and self-employed buyers in Cape Elizabeth may have income patterns that differ from those of traditionally employed borrowers. Kristeen Smith helps eligible clients explore mortgage options that can consider qualifying bank deposits as part of the income evaluation process. Depending on individual qualifications and the property, available options may support an owner-occupied home or an eligible second-home purchase. Kristeen explains the documentation and qualification requirements in clear, straightforward terms. Her personalized approach helps borrowers better understand their options before making an important financial decision. Throughout the mortgage process, she remains focused on clear communication and attentive service.

For eligible self-employed borrowers, bank statement mortgage options can provide an alternative way to demonstrate qualifying income when traditional tax documentation may not tell the complete story. Depending on the program, qualifying income may be reviewed using 12–24 months of personal or business bank statement history. Eligible one-family owner-occupied purchases may offer up to 85% financing, while qualifying second-home purchases may offer up to 80% financing. Borrowers with at least one year of self-employment may also have options available under applicable guidelines. Kristeen works with each borrower to review their financial circumstances and explain the factors that may influence their mortgage options. If you are considering purchasing a home in Cape Elizabeth, Kristeen Smith can help you understand the process and explore an option suited to your goals.