Bank Statement Loan
Bank Statement Loan
Loan Program

Qualify on deposits, not deductions.

Bank statement loans qualify self-employed borrowers and business owners using 12 months of deposits — no tax returns, no W-2s, no paystubs. Loan amounts to $3.5M on the standard program and, through super jumbo bank statement, to $20M on the ladder and $30M on review; 90% LTV on primary residences, and DTI up to 50%. Built for the income your tax strategy obscures.

Get Pre-Approved Calculate Payment
The Fundamentals

When deposits tell the real story.

Bank statement loans qualify borrowers on 12 months of bank deposits instead of tax returns, W-2s, or paystubs. The lender reviews gross personal or business deposits to calculate qualifying income — usually with a fixed expense ratio applied, or with a CPA-prepared profit and loss statement for more nuanced scenarios.

This matters for self-employed borrowers because tax returns systematically understate real income. Section 179 deductions, home office write-offs, vehicle depreciation, health insurance premiums, equipment expenses — all legitimate tax strategies that reduce taxable income while leaving actual cash flow untouched. Bank statement loans see the actual cash flow. Your accountant keeps optimizing your taxes. Your mortgage qualifies on the money that’s actually landing in your account.

Check Eligibility
Program Options

Three paths through bank statement financing.

Personal deposits, business deposits, or CPA-prepared P&L — each matches a different self-employed structure.

Most Popular

Personal Bank Statement

12 months of personal bank statements. Best for sole proprietors, freelancers, and 1099 contractors whose income deposits land in personal accounts.

LLC & S-Corp Owners

Business Bank Statement

12 months of business bank statements with a fixed expense ratio applied. Ideal for business owners who pay themselves through distributions.

Complex Businesses

CPA-Prepared P&L

When bank statements don’t capture the full picture — CPA-prepared profit and loss statements for businesses with unusual income structures or seasonal variation.

Bank statement loans are non-QM products. Qualification methods vary by lender. Personal vs. business bank statements, expense ratio structures, and P&L underwriting subject to lender overlays. All loans subject to credit, property, and underwriting approval — and lender program eligibility.
Why Lendmire

Non-QM done without the friction.

Bank statement loans live in non-QM territory — the space where wholesale lenders have different overlays, different expense ratios, different acceptable document forms, and different pricing depending on your specific income pattern. The right lender for a rideshare driver with personal deposits is different from the right lender for an S-Corp owner with business distributions. Different again for a realtor with irregular 1099 income, or a consultant with mixed personal and business accounts.

Because we work with multiple non-QM wholesale lenders, we match your income pattern to the program built for it — instead of forcing your documents into whatever structure a single lender happens to use. That means fewer underwriting surprises, cleaner approvals, and pricing that reflects your actual profile. Self-employed income doesn’t need to be complicated. Getting a mortgage on it shouldn’t be either.

Talk To An Expert
Program Highlights

Self-employed income, seen clearly.

No Tax Returns
No W-2s, no paystubs, no personal or business tax returns. Qualification runs on 12 months of bank statement deposits.
Up to $30M
Standard loans to $3.5 million with 90% LTV on primary residences. Super jumbo bank statement carries the ladder to $20 million, and to $30 million on review.
DTI Up to 50%
Higher debt-to-income tolerance than conventional programs. Room for business debt, existing mortgages, and rental property obligations.
Gift & Business Funds
Gift funds, gift of equity, and business account funds all permitted for down payment and closing costs.
Also Consider

Programs worth comparing.

If bank statement isn’t the right qualification method — or you’re financing investment property instead of a primary residence — these may fit better.

Real Estate Investors

DSCR Investor Loan

For investment properties, DSCR qualifies on property rental cash flow instead of personal income. Same cash-flow logic, different qualification basis.

View Program →
High-Value Homes

Jumbo Loan

For loan amounts where jumbo pricing beats bank statement — or when you want full-doc qualification for a better rate structure.

View Program →
Qualified Borrowers

Conventional Loan

If your tax returns show real earnings and your income pattern is clean, conventional rates usually beat non-QM pricing — worth running both numbers.

View Program →
Learning Center

Know before you borrow.

Self-employed financing guides, bank statement underwriting tips, and non-QM strategies from our licensed loan officers.

Take the Next Step

Tools to move from reading to action.

Tool One

Payment calculator

Estimate your bank statement loan payment — principal, interest, taxes, and insurance based on your target home price and down payment.

Calculate Tool Two

Get pre-approved

Start your bank statement pre-approval in under 30 seconds. A Lendmire specialist will follow up to confirm income calculation and program fit.

Start Tool Three

Browse programs

See every loan program Lendmire offers — from bank statement to DSCR to conventional — and find the right fit.

Browse
Get Started

Check your bank statement options in about 30 seconds.

Review financing available on your deposits. No tax returns required. No commitment.

Get Pre-Approved

Available In 16 States

Bank statement loans, state by state.

Program guidelines are national; underwriting nuance is local. Explore deposit-based qualification, documentation requirements, and scenarios for your state.