Smart write-offs shrink your taxable income — which makes traditional lenders think you earn less than you do. A bank statement loan qualifies you on the money that actually flows through your accounts.
If your income is real but complicated — a growing business, 1099 work, commissions, rentals — a bank statement loan reads your finances the way they actually work.
You reinvest and write off — so your tax return understates what your business really brings in.
Independent income that a W-2 lender struggles with — but your deposits tell the real story.
Project-based and platform income that’s lumpy month to month but adds up to a real living.
Building a portfolio? Qualify on cash flow — including options that look at the property’s own income.
Big months and slow months average out — bank statements capture the full picture over time.
Left the 9-to-5 for something of your own? Options exist even without two full years of returns.
Drag the sliders. Watch how the income a traditional lender counts (your taxable income after write-offs) can fall far below what a bank statement loan recognizes.
Tap through the process — from the statements you’ll gather to the keys in your hand. It’s simpler than the traditional route, not more complicated.
Instead of two years of tax returns, you’ll provide 12 or 24 months of bank statements — personal or business. That’s the paperwork. Really.
Business vs. personal: business statements usually apply an expense factor; personal statements often count deposits more directly. We’ll pick whichever shows your income best.
We average your monthly deposits over the statement period. For business accounts, we apply an expense factor; for personal accounts, deposits often count more directly. The result is the income your loan is built on.
Jump to the income estimator and draw your last 12 months of deposits — you’ll see your qualifying income update instantly.
Bank statement loans are flexible. Buying a primary home, a second place, or an investment property? Putting down 10% or 25%? We match the structure to what you’re trying to do.
Investor tip: if you’re buying a rental, ask about a DSCR option that qualifies on the property’s rent — sometimes no personal income docs at all.
Because these are non-QM loans, a real underwriter reviews your full picture — not a rigid formula. Steady deposits, reserves, and a clear story go a long way.
Pro move: depositing income into one main account for a few months before applying makes your statements easy to read — and your income easy to prove.
You close like any other buyer, and get back to running your business. Down the road, if your tax picture changes, you may be able to refinance into other options.
A bank statement loan can be your bridge to homeownership now — and you can revisit conventional options later if your tax picture shifts.
Drag the bars to match your last 12 months of deposits — or pick a pattern. Watch your qualifying income and estimated buying power update live, exactly the way an underwriter would see it.
The money that lands in your account each month — the number that actually matters here.
This is an estimate. Real programs vary in how they read deposits, expenses, and ownership. Let’s calculate your true qualifying income together.
Educational estimate only — not a loan offer, income determination, or commitment to lend. Qualifying income, expense factors, down payment, and rates depend on the specific program, your documentation, credit, and property. Let’s find your real numbers together.
A quick read on whether a bank statement loan fits your situation — and which flavor to ask about. No email, no credit pull.
Longer track records open more doors — but newer businesses have options too.
Either works — we’ll use whichever presents your income best.
A rough sense is fine — there’s no pull here.
Bank statement programs usually start around 10%.
Bank statement loans work for all three.
Traditional lenders see the number left after every write-off. We see the business you actually built — and we know how to turn your deposits into the loan you’ve earned.
Talk to a specialistThe difference isn’t whether you can afford a home — it’s how the lender decides to measure your income.
General comparison for education. Specific terms, rates, and requirements vary by lender, program, and borrower. A conventional loan may be the better fit for some self-employed borrowers — we’ll help you compare both honestly.
A few terms come up a lot with bank statement loans. Tap any for a plain-English definition, then check the myths and FAQs.
A mortgage that qualifies you using the deposits in your bank statements instead of tax returns — built for self-employed borrowers whose returns understate their income.
“Non-Qualified Mortgage.” A loan that doesn’t fit the rigid federal QM box, so a real underwriter can use common sense and alternative income like bank deposits. Different rules, not riskier for you.
On business statements, the share of deposits assumed to be business costs. Many programs use around 50%, or a lower figure if a CPA verifies your true expenses — which raises your qualifying income.
Paper expenses (like depreciation) that lower taxable income but aren’t real cash out the door. Some programs “add them back” so your qualifying income reflects actual cash flow.
A Profit & Loss summary of your business income and expenses. Some bank statement programs pair it with your statements; others don’t need one at all.
For investors: a loan that qualifies on the property’s own rent versus its payment — often with no personal income docs. A close cousin of the bank statement loan.
How long money has sat in your account. “Seasoned” funds — there for a couple of months — are easy to verify as yours for a down payment or reserves.
Savings left over after your down payment and closing — often a few months of payments. They reassure the lender your business can weather a slow stretch.
Income reported on a 1099 rather than a W-2 — contractors, gig, and freelance pay. Some programs can even qualify you straight from your 1099s.
Conventional loans usually want two years of self-employment history. Bank statement programs are often more flexible — sometimes accepting 12–24 months, occasionally less.
The income figure your loan is actually based on. With a bank statement loan it comes from your deposits — not the smaller number on your tax return.
Loan-to-value — how much you borrow versus the home’s price. Put 15% down and your LTV is 85%. Lower LTV (more down) usually means better pricing on non-QM loans.
No term matches that — try another word, or just ask us.
“Self-employed people can’t get a mortgage.”
Tap for the truthThey absolutely can. Bank statement loans exist specifically for business owners and 1099 earners — using deposits, not tax returns.
“I need two years of tax returns.”
Tap for the truthNot for this loan. Zero tax returns required — you qualify on 12–24 months of bank statements instead.
“Writing off expenses ruins my chances.”
Tap for the truthKeep your smart tax strategy. A bank statement loan looks at deposits, so write-offs don’t shrink the income you qualify on.
“The rates must be sky-high.”
Tap for the truthRates run a bit above conventional — the trade for flexibility. For income you couldn’t otherwise document, it’s often well worth it, and you can refinance later.
Correct — a true bank statement loan qualifies you on your deposits, so no tax returns, W-2s, or pay stubs are needed to prove income. You’ll still provide bank statements, ID, and basic documentation of your business, but the mountain of tax paperwork isn’t part of it.
Most programs use 12 or 24 months. Twenty-four months can smooth out seasonal swings and sometimes improves your terms, while 12 months is faster to pull together. We’ll look at both and use whichever presents your income best.
It depends on how your money flows. Personal statements often count deposits more directly, while business statements apply an expense factor but can capture higher volume. If you can show both, we’ll run the numbers each way and pick the stronger result for you.
Down payments commonly start around 10%, with better pricing as you put more down. Credit requirements are flexible compared to what many expect — a range of scores can work, and a stronger score or larger down payment improves your rate. Tell us your situation and we’ll show you exactly where you stand.
Yes. Bank statement loans work for primary homes, second homes, and investment properties. For rentals specifically, ask us about a DSCR loan that qualifies on the property’s own rental income — sometimes with no personal income documentation at all.
Often, yes. A bank statement loan can get you into the home now; if your tax picture or documentation changes down the road, refinancing into a conventional loan may lower your rate. We’ll keep that door open and check in when it makes sense.
The clients hardest to place with a traditional lender are often the perfect fit for a bank statement loan.
You optimize their taxes — we make sure it doesn’t cost them the house. A bank statement loan rewards the strategy you built, instead of penalizing it.
Don’t lose a self-employed buyer to a “declined.” Point them here, let the estimator show their real power, and refer them to a team that can actually close it.
You built something. A bank statement loan lets that count toward the home you’ve earned — using the deposits you already have.
(833) 438-6849
