Non-QM Mortgage Specialists — CA • FL • TX
Bank Statement Loans for Self-Employed Borrowers
Qualify using 12 or 24 months of bank deposits — no tax returns, no W-2s, no paystubs. The most popular Non-QM program for business owners who write off income and get declined by traditional lenders.
12 or 24 months
of bank statements
No tax returns
required to qualify
Up to $3M+
loan amounts
620+
minimum credit score
The Mortgage Built for How Business Owners Actually Get Paid
If you own a business, you know the problem: you write off legitimate expenses to reduce your tax liability, which shrinks your reported income on paper. Banks see that number and decline you — even though your deposits tell a completely different story. Bank statement loans use your actual cash flow, not your taxable income.
Who This Program Is For
- Self-employed business owners and sole proprietors
- Consultants, contractors, and freelancers
- Restaurant, retail, and service business owners
- Doctors, attorneys, CPAs, and other professionals
- Real estate investors with rental income complicating their returns
- Anyone declined by banks due to write-offs or deductions
What Makes You Qualify
- Consistent monthly deposits over 12 or 24 months
- Business bank statements count at 100% of deposits
- Personal bank statements count at 50% of deposits
- Self-employed status for 2+ years (1 year case-by-case)
- Minimum 620 credit score
- Property can be primary residence, second home, or investment
How Bank Statement Loans Work
The underwriting process replaces your tax return with a direct analysis of your bank account activity. We calculate your qualifying income from deposits — the same income you’re actually living on.
The Process
- Step 1: Gather 12 or 24 months of business or personal bank statements
- Step 2: We calculate average monthly deposits (business at 100%, personal at 50%)
- Step 3: That monthly figure becomes your qualifying income
- Step 4: Standard underwriting for credit, LTV, and property type
- Step 5: Close in approximately 21 days
Loan Parameters
- Loan amounts: $150K to $3M+ (jumbo available)
- Down payment: 10% minimum on primary residence
- LTV: up to 90% on some programs
- Fixed and ARM options available
- Primary residence, second home, investment property
- Cash-out refinance available
Frequently Asked Questions
Can I use personal bank statements instead of business?
Yes. Personal bank statements are accepted but counted at 50% of deposits (vs. 100% for business accounts). If your personal deposits show strong cash flow, this can still be the right path.
What if my deposits are irregular month to month?
We average your deposits over the statement period. Seasonal businesses, commission earners, and project-based income all work — we look at the trend, not just one month.
Do I need to provide tax returns at all?
No. Bank statement loans are specifically designed to replace tax returns. You do not need to provide them to qualify under this program.
What credit score do I need?
Most programs start at 620. Scores of 680+ unlock better rates and potentially lower down payment requirements. We work with a range of lenders to find the best fit for your score.
Can I buy a rental property with a bank statement loan?
Yes. Investment properties are eligible. The bank statement documents your personal income, and the rental property qualifies on its own merits (LTV, cash flow, etc.).
How many months of bank statements do I need?
12 months is the minimum; 24 months is preferred and often required for larger loan amounts. More history generally produces better terms.
Related Programs
Ready to Stop Getting Declined?
We’ve helped hundreds of self-employed borrowers get approved when their bank said no. Tell us your situation — we’ll find the program that works.