Skip to main content

Citadel Servicing Launches 3-Month Bank Statement Lending Program

Nov 09, 2020
Citadel Servicing Logo
Director of Events

Citadel Servicing Corporation, a lender specializing in the Non-QM space launched its 3-Month Bank Statement lending program. The company developed the program as a way to meet the needs of customers in the current lending environment, according to a press release.

The program is specifically designed for self-employed borrowers who have been negatively impacted during the COVID-19 pandemic. It will enable these borrowers to use their most recent bank statements to purchase or refinance properties, according to Citadel.

"We are proud to add an additional, more flexible bank statement program and provide our customers with more options, making our portfolio of products and services even broader and more adaptable," said Keith Lind, executive chairman and president of CSC.

"We have spent the past few months working to innovate across our range of programs to improve how we do business. We are constantly looking for new and dynamic ways to meet our customer’s needs and requirements and believe this new program is a prime example of that focus," added Kyle Gunderlock, CEO of CSC.

Want more Non-QM news? We've got a newsletter for you!

 
About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Nov 09, 2020
HUD Freezes Foreclosures On FHA Mortgages In Texas Flood Zone

Kerr County homeowners among hardest hit in disaster that’s claimed more than 100 lives

Jul 09, 2025
Fewer Canadians Hunt For U.S. Property

Largest component of international buyers in U.S. takes more than 25% hit

Jul 08, 2025
Fannie, Freddie Now Allow Lenders To Use VantageScore 4.0

Lenders will keep tri-merge credit scoring model; what this shift means

Fairway Independent Mortgage Corporation Announces Rebranding

Now Fairway Home Mortgage, company also donates $1M to support relief efforts in deadly Texas flooding

Jul 07, 2025
FHFA Chief Officially Calls For Investigation Of Federal Reserve Chairman Powell

Alleges Powell lied in testimony to Congress regarding Fed building renovations, says Fed Chair should be fired

BBB Will Impact Homeowners, Buyers

U.S. House and Senate must agree on certain tax, mortgage insurance premium deductions