Bank Statements Loan

Our Bank Statements Loan is designed for self-employed borrowers and freelancers. Simplify the mortgage process by using your bank statements to verify income, making it easier for you to secure a competitive home loan without traditional income documents.

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Loan benefits

Use bank statements instead of W-2s or tax returns to prove your income for flexible income verification.
Ideal for entrepreneurs and freelancers who need alternative methods to show income, tailored for self-employed individuals.
Potentially qualify for a larger loan amount based on comprehensive income analysis, offering higher qualification potential.
Less paperwork speeds up the application process, getting you to closing faster with faster processing times.
Access attractive rates that reflect your true financial stability with competitive interest rates.
Choose from a variety of loan terms that fit your long-term financial goals, offering diverse term options.
Benefit from personalized guidance from experts who understand self-employment with a dedicated loan advisor.

Eligibility
requirements

Must have been in business for at least two years.
Provide recent 12-24 months of bank statements from both personal and business accounts.
Typically requires a credit score of 620 or higher.
Must meet specific debt-to-income ratio limits, usually around 43%.
Demonstration of sufficient liquid assets to cover several months of mortgage payments is required.
Eligible for primary, secondary, and investment properties.
US citizenship or permanent residency is required for all applicants.

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