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Market Impact: 0.08
Bank Statement Loans Up to $30 Million: Lendmire Announces High-Net-Worth Financing
Source: PR Newswire
Housing & Real EstateCompany Fundamentals
Lendmire announced bank-statement mortgage loans of up to $30 million for qualified self-employed and high-net-worth borrowers. The offering expands alternative home-financing options for borrowers who may not qualify through traditional income-verification methods, but the announcement is unlikely to have broader market impact.
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