Bank Statement Loans

Qualify for a home loan using your bank statements — not your tax returns. Bank Statement Loans are designed for self-employed borrowers, business owners, freelancers, and 1099 earners whose tax returns may not fully reflect their true income.

Instead of relying on W-2s or AGI, lenders review 12 or 24 months of personal or business bank statements to calculate qualifying income. This makes homeownership possible for entrepreneurs and independent professionals who have strong cash flow but complex tax filings.

Why Choose a Bank Statement Loan

• Qualify using 12 or 24 months of bank statements.
• No tax returns, W-2s, or pay stubs required.
• Great option for self-employed and 1099 borrowers.
• Available for primary residences, second homes, and investment properties.
• Competitive loan amounts, including jumbo levels.

How Bank Statement Loans Work

• Lenders review personal or business bank statements to determine income.
• Deposits are averaged to establish qualifying monthly income.
• Borrowers must show consistent cash flow and a stable business.
• Credit, assets, and reserves are reviewed alongside deposits.
• Fixed-rate and adjustable-rate options are available.