No tax returns · 12–24 months of deposits
If you're self-employed, your tax return is designed to show less income — and conventional underwriting punishes you for it. Bank statement loans fix that by qualifying you on actual business or personal deposits instead of your adjusted gross income.
We also run P&L-only, 1099-only, and asset-depletion programs. Business owners, 1099 contractors, commission earners, and anyone with heavy write-offs routinely qualify for far more house here than agency guidelines would allow.
Current guidelines. Overlays vary by investor, so treat these as the strike zone — not a hard rulebook.
Income documentation
12 or 24 months of business or personal bank statements — no tax returns or W-2s
Self-employment history
Typically two years in the same business (one-year exceptions available)
Down payment
10% minimum on strong files; 15–20% typical
Credit score
620 minimum; best pricing at 700+
Expense factor
Deposits reduced by an expense ratio (often 50%, or lower with a CPA letter)
Reserves
3–12 months of payments depending on loan size
Loan amounts
Up to $5M+, including jumbo and super-jumbo bank statement programs
We qualify from deposits. Your write-offs stop working against you.
12-month, 24-month, P&L-only, 1099-only, and asset-depletion programs — whichever shows your income most accurately.
These programs go well past the conforming limit, which matters for business owners buying at $1M+.
Portfolio lenders make judgment calls. We package your file so a human sees the full picture.
A 15-minute call. Real numbers, no credit pull required to start.
Use our calculator to see principal, interest, taxes, insurance, and PMI.
Open CalculatorSend 12 months of deposits and we'll tell you what you actually qualify for — no tax returns required.
Steve Kent · NMLS #1621847 · Licensed in 22 states