Bank Statement Loans

Self-employed borrowers may document income using 12 or 24 months of personal or business bank statements instead of tax returns.

Why choose this option?

Business owners with steady deposits and substantial tax deductions may need a different way to document qualifying income.

What can it be used for?

Purchase or refinance eligible homes, with cash-out available through qualifying programs.

How it works

The lender reviews eligible deposits and applicable business expenses. Transfers and other non-income deposits are not automatically qualifying income. Credit, business history and reserves still matter.