10/27/2026
Congratulations to Mariya at Supreme Mortgage on closing a 12-Month Business Bank Statement loan for a borrower purchasing a non-warrantable condo!
The challenge? The condo HOA had less than 3% reserves in its budget, creating obstacles with other financing options. Since the borrower was bringing a 30% down payment, our guidelines did not require the HOA to maintain reserve funds, allowing us to provide a financing solution and keep the transaction on track!!
✅ 12-Month Business Bank Statement Loan
✅ Non-Warrantable Condo
✅ Closed On Time
✅ Submission to Close in Just 11 Business Days
This transaction is a great example of how understanding the guidelines and exploring every available option can help borrowers achieve their homeownership goals. From submission to closing, our teams worked together to ensure a smooth process and an on-time closing.
Congratulations again to Mariya and the entire team at Supreme Mortgage! Thank you for trusting us with the opportunity. Looking forward to many more success stories together.