Bank Statement Loans
Answers to the questions I hear most from buyers, homeowners, and investors.
Program Highlights
✓ 12 or 24 months bank statements
✓ Personal or business accounts
✓ No tax returns required
✓ Self-employed 2+ years
✓ Loan amounts up to $3M
✓ Primary, second home, investment
✓ Personal or business accounts
✓ No tax returns required
✓ Self-employed 2+ years
✓ Loan amounts up to $3M
✓ Primary, second home, investment
Requirements
✓ 660+ credit score
✓ 10-20% down payment
✓ 2+ years self-employment
✓ CPA letter or business license
✓ 50% expense factor (personal) / 100% (business)
✓ 6-12 months reserves
✓ 10-20% down payment
✓ 2+ years self-employment
✓ CPA letter or business license
✓ 50% expense factor (personal) / 100% (business)
✓ 6-12 months reserves
Why Self-Employed Borrowers Love This Program
If you're self-employed, your tax returns probably don't reflect your true income — write-offs, depreciation, and business deductions reduce your taxable income. Bank statement loans look at your actual deposits instead. The lender reviews 12-24 months of statements and uses average monthly deposits as your qualifying income. For business accounts, most lenders apply an expense factor (typically 50%) to determine net income. This program is a game-changer for business owners, freelancers, gig workers, and 1099 contractors who show strong cash flow but modest taxable income.
Get a Bank Statement Loan Quote
Brainy Vu · NMLS 2658103 · (949) 771-1575
Still Have Questions?
I'm always happy to chat — no pressure, no obligation.