Bank Statement Programs

What is a Bank Statement Program?

The tax code rewards self-employed people for aggressive deductions. The mortgage industry, unfortunately, penalizes them for it. Bank statement loans solve that mismatch.

Instead of looking at your tax returns, we analyze 12 or 24 months of bank deposits to calculate your actual qualifying income. That number is usually far higher than your tax return's adjusted gross income.

These are real loans from real lenders — not hard money. Rates are competitive, terms run up to 30 years, and the cash-out option lets entrepreneurs tap home equity to invest in their businesses.

Self-employed borrowers often write off so much income on their taxes that traditional loans don't work. Our bank statement program qualifies you on real deposits, not tax returns.

Who qualifies for a Bank Statement Program?

This program is built for borrowers who match the criteria below. Not sure where you stand? Send us a quick message and we'll confirm in minutes.

• Self-employed business owners (2+ years)
• 1099 contractors
• Freelancers, consultants, and gig workers
• Anyone whose tax return understates true income

Advantages of Bank Statement Programs

• No Tax Returns — We qualify on deposits to your business or personal bank accounts.
• 12 or 24 Months — Choose the look-back period that best reflects your income.
• Competitive Rates — Rates 0.5–1.5% above prime conventional — far less than hard money.
• Up to 90% LTV — Strong borrowers can finance up to 90% with no MI.

How the process works

1. Document Deposits — Provide 12 or 24 months of statements; we calculate qualifying income.
2. Apply — Standard application with focus on credit and reserves.
3. Underwrite — Manual underwriting reviews business profitability.
4. Close — Typical 30–40 day timeline.