Bank Statement Loan
Self-employed borrowers often have difficulty qualifying for traditional mortgages because their tax returns may not reflect their true earning potential. Bank statement loans solve this problem by using 12-24 months of bank statements to verify income instead of tax returns.
Key Benefits
No tax returns required — Qualify using personal or business bank statements.
Designed for self-employed — Perfect for business owners, freelancers, contractors, and gig economy workers.
Flexible income calculation — We can use deposits from personal or business accounts to determine qualifying income.
Requirements
12 or 24 months of bank statements · Self-employed for at least 2 years · Credit score: 620+ · Down payment: 10-20% · Reasonable debt-to-income ratio.