💼 Self-Employed

Bank Statement Loans

Self-employed? Don't let tax write-offs work against you. Qualify using 12–24 months of bank deposits — no tax returns, no W-2s, no problem.

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Min Down10%
Min Credit620+
Statements12–24 Mo
Max Loan$3M+
Qualify on deposits — not taxable income.
Requirements

Who Qualifies

Bank statement loans are Non-QM products designed for self-employed borrowers, business owners, freelancers, and gig workers whose tax returns understate their true income due to deductions.

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Self-Employment: 2+ years self-employed (sole prop, LLC, S-corp, 1099)
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Bank Statements: 12 or 24 months personal or business statements
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Credit Score: 620+ (660+ for best rates)
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Down Payment: 10–20%+ depending on LTV and credit
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Loan Amounts: $150,000 – $3,000,000+
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No Tax Returns: No W-2s, 1040s, or transcripts required

Key Benefits

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No Tax Returns Required
Your write-offs belong to you. Income qualified from actual cash flow.
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Business or Personal Statements
Use business bank statements (with expense factor) or personal statements.
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Primary, Second Home & Investment
Eligible for all occupancy types — not limited to primary residence.
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High Loan Amounts
Loan amounts up to $3M+ — ideal for high-income self-employed buyers.
FAQ

Common Questions

Who is a bank statement loan for?

Self-employed borrowers, business owners, freelancers, and 1099 earners whose tax returns show low income after write-offs. We use 12–24 months of deposits instead.

Personal or business bank statements — which do you use?

Either. Personal statements use 100% of deposits; business statements typically use 50% (to account for business expenses). We'll run both and use whichever qualifies you for more.

How many months of statements do you need?

Usually 12 months, sometimes 24 for larger loan amounts. We'll tell you exactly which months to pull.

What's the minimum credit score?

Most bank statement programs start at 620. Better rates are available at 660+.

Are rates higher than conventional?

Slightly — usually 0.5% to 1.5% higher than a comparable conventional loan. For most self-employed borrowers, it's still the best option available given the income flexibility.

Your Business Success Counts Here

Pre-approval in 24–48 hours. No credit pull, no obligation at this stage.

Apply for Bank Statement Loan →