Bank Statement Loans
Qualify on your cash flow, not your tax returns.
A bank statement loan lets self-employed borrowers qualify for a mortgage using 12 to 24 months of bank deposits instead of tax returns, making it ideal when write-offs make your reported income look lower than your real earnings.
Best for
Self-employed borrowers, 1099 contractors, and business owners with strong cash flow but complex tax returns.
How does a bank statement loan work?
Rather than reviewing your adjusted gross income, the lender averages the deposits across your business or personal bank statements to establish qualifying income. An expense factor accounts for the cost of running your business, producing a realistic, defensible income figure.
This approach rewards the way entrepreneurs actually earn, instead of penalizing the deductions that reduce taxable income.
Who is a bank statement loan for?
It is built for business owners, freelancers, real estate investors, and gig earners whose tax returns understate their cash flow. If you have been told your income does not qualify on a traditional loan, this program often changes the answer.
Key features
- Qualify on 12 or 24 months of deposits
- No tax returns or W-2s required
- Personal or business statements accepted
- Available for purchase and refinance
- Competitive terms for strong credit and reserves
Bank Statement Loans
FAQ
Still have a question? Our team answers the phone, every time, and walks you through the details.