Bank Statement Loans

Self-Employed? No Problem. Turn strong cash flow into your next home.

Being self-employed, a 1099 earner, or a business owner should not make home financing harder. With Bank Statement Loans, you may be able to qualify using your bank deposits instead of traditional income documents like W-2s, pay stubs, or tax returns..

Today’s buyers do not always fit the conventional lending mold. Many are self-employed, run businesses, work multiple income streams, or grow wealth through investments. Traditional mortgage guidelines may not always reflect the full picture of your financial strength.

Bank Statement Loans are designed for real-world earners whose cash flow tells a stronger story than their tax returns.ļ»æ

WHY BORROWERS CHOOSE BANK STATEMENT LOANS

Bank Statement Loans offer flexibility for strong borrowers with non-traditional income. Bank Statement Loans are fully underwritten mortgage solutions designed for qualified borrowers who earn income differently. You should not be turned away simply because you do not have a traditional W-2. If your cash flow is strong, we can help you explore smarter lending options built around how you actually earn.


Key benefits may include:

  • No tax returns required
  • No W-2s or pay stubs required
  • Qualification based on bank deposits
  • Options for primary residences, second homes, and investment properties
  • Flexible loan structures, including fixed, ARM, and interest-only options
  • Loan amounts from $100K to $4M
  • Up to 90% LTV with a 620+ FICO score


Bank Statement Loans can support more than just a primary home purchase. They may also be useful for borrowers looking to expand or strengthen their real estate portfolio. This solution may be available for:

  • Primary residences
  • Second homes
  • Investment properties
  • Non-warrantable condos
  • Growing rental portfolios

 

Your income may be complex, but your lending experience does not have to be.


HOW BANK STATEMENT LOANS WORK

Qualify Using Bank Statements, Not Tax Returns.

Instead of relying on W-2s or pay stubs, Bank Statement Loans use your personal or business bank activity to help determine qualifying income.  With 12- or 24-month personal or business bank statements, we can help evaluate your income based on deposits and cash flow. This flexible loan option may be a strong fit if you are:

Self-Employed

1099 Contractors

Business Owners 

Entrepreneurs 

Gig Workers

Investors

One loan, one closing
Based on future value
Low-to-no down payment options
quotes2Artboard 2

Toni was awesome in helping me through the mortgage process, her patience and knowledge of the lending aspects were a tremendous help to me!!

- Kelly, Wilmington