Bank Statement
No tax returns required
Great for self employed

Self-employed borrowers can have a challenging time qualifying for a traditional home loan. Bank Statement programs are designed specifically for those who do not have the tax documents, W-2’s, or adequate proof of income that clearly indicates their ability to pay. By only taking into account bank dposits, persons with overly agresive tax deductions can now qualify for a home loan.


  • No tax returns required
  • 12 or 24 month personal bank statements used for income calculation
  • No Mortgage Insurance
  • 5/1 ARM or 30-year fixed
  • No pre-payment penalty for owner-occ and 2nd homes


  • Must be self-employed
  • Up to 90% LTV on Personal and Business with no MI
  • Owner-occupied, 2nd homes and investment properties
  • A credit score of 640 or above
  • No Short Sale, Foreclosures, or BK in the last 2 years