Bank Statement Loans — No Tax Returns Required

How Bank Statement Loans Work

If you're self-employed, your tax returns almost certainly understate your actual income. That's by design — you're maximizing deductions to minimize your tax liability. But conventional lenders use your tax returns to calculate qualifying income, which means the smarter you are about deductions, the harder it is to get a mortgage.

Bank Statement Loans solve this problem by qualifying you on your actual cash flow instead. A lender reviews 12 or 24 months of bank deposits — personal, business, or both — and uses a calculated income figure based on those deposits. No Schedule C. No 4506-T. No two years of tax returns.

These loans are available for primary residences, second homes, and investment properties. Loan amounts typically range from $150,000 to $3 million, with LTV up to 90% depending on credit score and loan size. Most lenders require a minimum 620 credit score, though better terms are available at 680+.

Our network includes lenders who specialize in bank statement underwriting across all 48 eligible states. We’ll match you with the specialist best suited for your income structure, property type, and state.