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Bank Statement Loans
Bank statement loans use 12-24 months of bank deposits as income verification instead of traditional tax returns. Ideal for self-employed investors and borrowers with complex income structures.
Best Fit
Who This Program Is For
Self-employed investors and business owners
Borrowers with strong deposits but lower taxable income
1099 contractors and freelancers
Investors with complex or multi-source income
Qualification
How Qualification Works
12-24 months of personal or business bank statements
Average monthly deposits used to calculate income
Expense factor (typically 50% for business statements)
Standard property appraisal
Key Benefits
No tax returns required
12-24 month bank statement qualification
Designed for self-employed borrowers
Available for personal or business bank statements
Key Considerations
Minimum deposit requirements
Expense factor applied to calculate qualifying income
Minimum credit score requirements
Down payment requirements may be higher
Process
How It Works
STEP 01
Income Analysis
We review your bank statements to calculate qualifying income.
STEP 02
Program Matching
We'll find the best bank statement product for your scenario.
STEP 03
Documentation
Provide bank statements, property documentation, and standard items.
STEP 04
Closing
Close without the burden of traditional income documentation.
FAQ
Frequently Asked Questions
Ready to Explore Bank Statement Loans?
Talk with an advisor who can walk you through qualification, terms, and next steps for your specific deal.