Bank-Statement Loans
Self-employed financing using deposits — not tax returns.
Bank-statement loans help self-employed borrowers, business owners, and 1099 earners qualify using business or personal bank deposits over 12–24 months — instead of tax returns.
Bank-Statement Loans Highlights
Use 12 or 24 months of bank statements to document income.
Many lenders accept either personal or business accounts.
Programs available well into jumbo territory.
Use for a range of property types and occupancies.
Best For
- Self-employed borrowers with significant write-offs
- 1099 contractors and gig-economy earners
- Small business owners
General Requirements
- Typically 2 years self-employed
- 12 or 24 months of bank statements
- Credit score generally 660+
- Down payment commonly 10–20%
Frequently Asked Questions
Lenders average qualifying deposits across the statement period and apply an expense factor (often 50%) for business accounts.
Rates are usually slightly higher than conventional, but they unlock financing that traditional documentation can't support.
Explore Other Loan Programs
Low down payment, flexible credit guidelines.
Zero down for those who served.
Flexible, popular financing for qualified buyers.
Financing above conforming limits, simplified.
Investor financing based on rental income, not personal income.
Lower your rate, tap equity, or change terms.
Ready to explore Bank-Statement Loans?
Get a personalized rate quote and pre-approval in minutes. No obligation.