NO TAX RETURNS REQUIRED
Bank Statement Loans for Self-Employed Borrowers
Qualify with 12–24 months of deposits — not tax returns. Built for business owners who write off aggressively.
The program
What Is It?
A bank statement loan is designed for self-employed borrowers and business owners whose tax returns do not reflect their true cash flow. Instead of using taxable income, underwriting reviews 12 or 24 months of personal or business bank statements and calculates qualifying income from consistent deposits. This approach is common when deductions are legitimate but make W-2-style income look artificially low. Loan amounts and pricing depend on credit score, down payment, reserves, and how cleanly deposits are documented.
Qualification
Who Qualifies
- Self-employed for at least 12–24 months (program dependent) with consistent business deposits
- Credit profile and down payment that meet investor requirements for bank statement programs
- Reserves after closing that meet guidelines for the loan size
- A clean narrative for large transfers, co-mingled accounts, or irregular deposit patterns
Underwriting
How Income Is Calculated
- Step 1 — Collect statements. We gather 12 or 24 months of personal and/or business statements depending on the program.
- Step 2 — Expense factor. Underwriting applies an expense ratio to business deposits to estimate sustainable income.
- Step 3 — Qualifying monthly income. The net figure drives debt-to-income and supports the loan amount you can qualify for.
- Step 4 — Validate with supporting docs. We may support the file with a business license, CPA letter, or P&L depending on investor requirements.
Prepare
Document Checklist
- 12–24 months of consecutive bank statements (personal, business, or both, program dependent)
- Business license or evidence of self-employment
- Asset statements for reserves and down payment sourcing
- Purchase contract or refinance payoff information
- Identification and complete loan application
Next step
Ready to See If You Qualify?
Start your application or review the full program page for underwriting detail and FAQs.
Ready to Find Out Where You Stand?
No credit pull. No commitment. Just a straight answer on whether I can get you approved — and what it'll take.