Kitchen Table Guide · 6–8 min read
Bank Statement Loans
A mortgage for the way self-employed borrowers actually earn.
If you're self-employed, own a business, or earn most of your income outside of a traditional paycheck, you already know that tax returns don't always tell the whole story. Legitimate deductions can make a strong-earning business look much smaller on paper than it actually is.
Bank statement loans were built for exactly that situation.
How They Work
Rather than relying on W-2s or tax returns, these programs use 12 or 24 months of personal or business bank statements to document income. Deposits are averaged to establish qualifying income.
Who They're For
- ✔ Self-employed borrowers and 1099 earners
- ✔ Small business owners
- ✔ Real estate investors with active businesses
- ✔ Professionals with variable income
Things to Consider
Rates, down payment requirements, and documentation guidelines vary by lender. We'll walk through the options together and compare a bank statement loan side by side with conventional financing so you can pick the fit that matches your goals.
A conversation, not a sales pitch
Pull Up a Chair.
Let's look at your actual income — not just what the IRS sees — and see whether a bank statement loan opens the right door.