Bank statements
Self-employed
If you run your own business, your tax returns can show less income than you really earn. Bank statement loans look at your deposits instead, and we work with lenders who specialize in them.
Who it is for.
Business owners
You have run your business for about two years or more.
Freelancers and contractors
Your income comes from many clients and changes from month to month.
Big write-offs
Your deductions are good for taxes but make your income look small to a bank.
What you will need.
12 or 24 months of bank statements
A business licence or CPA letter
A profit and loss statement
Photo ID
Your down payment source
We send you a checklist after the first call, and you can upload everything securely.
An example.
30-year fixed, bank statement
7.125%
10% down
Example only
Bank statement loans usually have higher rates and larger down payments than conventional loans. Example only, not a quote.
Two questions we hear.
Do I need two years of tax returns?
Can I switch to a conventional loan later?
Start with a free pre-approval.
It takes about 15 minutes online, and a loan officer calls you back the same business day.
Talk to Maya, Andre or Lin.