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. Up to $6M loan amounts, 90% LTV on primary residences, and DTI up to 50%. Built for the income your tax strategy obscures.
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.
Three paths through bank statement financing.
Personal deposits, business deposits, or CPA-prepared P&L — each matches a different self-employed structure.
Personal Bank Statement
12 months of personal bank statements. Best for sole proprietors, freelancers, and 1099 contractors whose income deposits land in personal accounts.
Business Bank Statement
12 months of business bank statements with a fixed expense ratio applied. Ideal for business owners who pay themselves through distributions.
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.
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.
Self-employed income, seen clearly.
Know before you borrow.
Self-employed financing guides, bank statement underwriting tips, and non-QM strategies from our licensed loan officers.
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