United Wholesale Mortgage has announced that, to better serve self-employed borrowers, it will accept personal or business bank statements instead of income documents or tax transcripts to qualify for a loan. Bank statement loans will be available for self-employed borrowers only, for loans up to $3 million, up to 90% loan-to-value ratio with no mortgage insurance required. The launch of the new loan product follows the announcement that UWM is extending its No-Cost Appraisals program for primary purchases until the end of April.

All Cal Financial, a broker operating in California, has announced that it is merging with InstaMortgage, a mortgage lender licensed in 26 states. The merger brings InstaMortgage’s employment to more than 125 people. The financial terms of the deal were not disclosed.

Planet Home Lending has added branch manager Vince Caicedo to lead a new Jacksonville team focused on first-time homebuyer, conventional, VA and FHA loans.

Geneva Financial has announced the opening of a new location in Phoenix led by branch manager Brian Mulvihill. The new branch’s team will serve homebuyers throughout Arizona, California, Colorado, New Mexico and Tennessee with products including conventional, FHA, VA, USDA, refinance, reverse, jumbo loans and condo financing.