Bank Statement Loan for Self-Employed
A non-QM bank statement program for self-employed borrowers that uses 12 months of bank statements to calculate income and allows for as little as 10% down.
Underwriting at a glance
- Minimum FICO
- 620+
- Max LTV (purchase / rate-term)
- 90%
- Max LTV (cash-out)
- -
- Loan amount
- -
- Documentation
- 12mo-bank-stmt, 24mo-bank-stmt
- States
- most states
Highlights
- •10% down payment options
- •Uses 12 months of bank statements for income calculation
- •Qualified based on actual cash flow rather than tax returns
- •10% down payment options available
- •12 or 24 months personal or business bank statements
- •Expense factors down to zero
- •No CPA letters required
- •Loan amounts up to $3.5M
- •No tax returns or transcripts needed
- •Use highest mid FICO score when 50/50 ownership
- •Combine bank statement income with other income sources
- •Expense factor options include 50%, 30%, 20%, 10%, and 0%
- •No CPA letter required for income verification
- •Professional income analysis provided in advance
- •Expense factors from 50% down to 0%
- •Stacking other forms of income allowed
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 6/23/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.125%
6.164% APR
FHA
5.500%
5.531% APR
VA
5.500%
5.530% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.