Corva Launch Bank Statements Matrix
Comprehensive 12 and 24 month personal and business bank statement qualification program designed for self-employed business owners.
Underwriting Specifications & Parameters
MAXIMUM LTV
85%
MINIMUM FICO
640
MAX LOAN LIMIT
$3,500,000
UNDERWRITE SLA
< 24 Hours
Program Highlights & Selling Points
- 12 or 24 months personal or business bank statements
- Fixed expense ratio options: 50% standard or third-party CPA letter
- Loan amounts up to $3.5M with credit scores down to 640
- Primary residences, second homes, and investment properties
- Combined business and personal account analysis permitted
Program Overview & Guidelines
Corva Launch Bank Statement Qualification Framework
Designed for entrepreneurs, business owners, and 1099 consultants with strong gross revenues but tax return deductions. Qualifying income is calculated using recurring qualifying deposits over the past 12 or 24 consecutive months.
Documentation & Expense Analysis
- Business Statements: Standard 50% expense ratio applied, or CPA letter specifying actual operating expenses.
- Personal Statements: 100% of eligible transfers/deposits credited without expense haircuts when supported by business account proof.
- Ownership: Minimum 25% ownership in operating business for 2+ years.
Official Program Guidelines & Matrix
Complete underwriting guidelines, reserve requirements, and matrix specifications (PDF).
< 2 HOUR DECISION
Submit Corva Launch Bank Statements Matrix Scenario
Direct credit desk review by dedicated wholesale underwriters. Submit transaction parameters below for immediate pricing, structuring, and written terms.