Specialty · Non-QM
Bank Statement Loans
“Qualify with bank statements, not tax returns.”
Bank statement loans are a non-QM option designed for self-employed borrowers and business owners. Instead of tax returns and W-2s, they typically use 12–24 months of bank statements to document income — which can help when tax write-offs lower your taxable income.
Who it may be a good fit for
- Self-employed borrowers and business owners
- 1099 contractors and gig-economy earners
- Borrowers whose tax returns don't reflect their true cash flow
Key things to know
- Non-QM programs vary widely by lender in rates, down payment, and requirements
- Reserves may be required, and pricing is often higher than conventional
- Documentation requirements differ from a standard loan
What you'll typically need
- 12–24 months of personal or business bank statements
- Business license or proof of self-employment
- Photo ID and details on your assets and debts
Curious what the monthly payment might look like? Try my free mortgage calculator.
Last reviewed: July 2026. This page is general education, not a loan approval or commitment to lend; program details vary by lender and can change.
Good to Know
Bank Statement Loans FAQs
Who is a bank statement loan for?
It's built for self-employed borrowers whose tax returns understate their real income due to write-offs. It uses bank deposits to show cash flow instead.
How many months of statements do I need?
Typically 12 to 24 months, depending on the lender and program. As a broker I can match you to the program that fits your situation.
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