Bank Statement Loan Program

What is the Bank Statement Loan Program?

Our Bank Statement loan program offers a unique solution for Self-Employed Borrowers seeking alternative methods to document their income. With simplified calculations and flexible requirements, this program is tailored to help self-employed individuals secure financing without the need for traditional income verification.


  1. Calculation handling provided
  2. 12 or 24 months Bank Statements required
  3. Business – 50% expense factor or expense letter | Personal – 0% expense factor
  4. Available for Primary, Second Home, and Investments
  5. Applicable for Self-Employed individuals (including 1099 borrowers)
  6. Up to 90% Loan-to-Value (LTV) (Condo properties included)
  7. Options for Purchase, Rate/Term, and Cash-Out refinancing
  8. Accepted property types: SFR, PUD, Condos, and Townhomes
  9. Second Appraisal required for loan amounts exceeding $2 million
  10. 80% LTV Cash-Out allowed
  11. 6% Seller Assistance permissible
  12. Minimum Credit Score of 620
  13. 3 Months Reserves required
  14. 1 day out of Bankruptcy, Foreclosure, and 1×120 allowed

Key Features:

  1. Loans up to $3 million with a minimum of $150,000
  2. 12 or 24 months business or personal bank statements required
  3. Two years seasoning accepted for foreclosure, short sale, bankruptcy, or deed-in-lieu
  4. 30-year fixed rates available
  5. One year of self-employment history required
  6. Options for Purchase, Cash-Out, or Rate-Term Refinance
  7. Owner-occupied, second homes, and owner-occupied 1099 options available
  8. 40-year interest-only option
  9. Non-permanent residents permitted

Experience a simplified and efficient way to secure financing as a self-employed borrower through our Bank Statement Loan Program. Contact us today to learn more and explore how this program can provide a viable solution tailored to your unique financial circumstances.


Receive a quick rate quote instantly.

  • No obligations
  • No impact on credit score
  • Fast and easy process
  • No documents required