🏦 Bank Statement Loans
Self-employed? Your bank statements are your pay stubs.
Bank statement loans qualify self-employed borrowers on real cash flow: 12 or 24 months of personal or business bank statements, with an expense factor applied, instead of the tax returns that write-offs have hollowed out. If your deposits are strong but your Schedule C looks like a rounding error, this is your lane.
Is this you?
Bank Statement Loans tend to be a great fit for…
- Business owners and contractors with 2+ years of self-employment
- Borrowers whose tax returns understate income because of legitimate write-offs
- Buyers purchasing a primary home, second home, or investment property
- High-deposit, low-taxable-income earners (agencies, trades, e-commerce, consultants)
Questions investors actually ask
Bank Statement Loans: straight answers
Personal or business bank statements?
Either, typically. Business statements usually get an expense factor applied (a percentage haircut representing operating costs, sometimes adjustable with a CPA letter); personal statements often count qualifying deposits more directly. We’ll run both ways and use whichever qualifies you stronger.
What counts as a deposit — and what doesn’t?
Regular business revenue counts. Transfers between your own accounts, loan proceeds, and one-off windfalls generally don’t. Underwriters average eligible deposits over the statement period, so consistency matters more than any single big month.
Do I need to be incorporated?
No — sole proprietors, LLCs, S-corps, and 1099 contractors can all fit. What programs generally want is a two-year self-employment track record, which can often be documented with a CPA letter, business license, or filing history.
Can I use this for a primary residence?
Yes — unlike DSCR loans (investment-only), bank statement loans commonly cover primary homes and second homes too. Same light documentation, your own front door.
Keep exploring
DSCR Loans
The rental’s income does the qualifying — no tax returns, no W-2s, no personal DTI math.
Learn more →1099-Only Loans
Qualify straight off your 1099s — no tax returns, no expense archaeology.
Learn more →P&L-Only Loans
A CPA-prepared profit & loss statement stands in for the entire income file.
Learn more →Not sure if bank statement loans fit your deal?
That’s literally what the team is for. One text, all your options side by side, zero pressure to move forward.