Bank-Statement Loans
Bank-statement programs may evaluate qualifying cash flow differently from traditional tax-return analysis. The structure must match the business, deposits, expense factor, documentation, and property goal.
A potential path when tax returns do not reflect current cash flow.
For eligible self-employed borrowers whose bank deposits may provide a more useful income picture than conventional tax-return calculations.
Deposit review
Separate qualifying business revenue from transfers, one-time deposits, and nonbusiness activity.
Expense-factor analysis
Apply the program’s allowable business-expense methodology and supporting documentation.
Full loan comparison
Compare down payment, reserves, pricing, prepayment terms where applicable, and conventional alternatives.
Bank-Statement Loans FAQ
How many months of statements are needed?
Requirements vary by program and may use personal or business statements over a specified period.
Are all deposits counted as income?
No. Transfers, loans, refunds, and other nonbusiness deposits may need to be excluded or documented.
Is this the same as a conventional loan?
No. Bank-statement programs are generally Non-QM products with different documentation, pricing, and eligibility requirements.
Build the next step around your specific scenario.
Program eligibility, documentation, pricing, and availability vary. Start with a focused review before deciding on a loan structure.