Bank Statement Loan for Self-Employed
A bank statement loan program for self-employed borrowers that allows qualification using 12 months of personal or business bank statements, or a combination of P&L and bank statements.
Underwriting at a glance
- Minimum FICO
- 600+
- Max LTV (purchase / rate-term)
- 90%
- Max LTV (cash-out)
- 80%
- Loan amount
- ? - $4,000,000
- Documentation
- 12mo-bank-stmt, p-and-l, alt-doc
- States
- AZ, CA, GA, IL, MA, MO, RI, NJ, VA, AK, AL, AR, CO, CT, DC, DE, FL, HI, IA, ID, IN, KS, KY, LA, MD, ME, MI, MS, MT, NC, NE, NH, NM, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY
Highlights
- •Up to 90% LTV purchase to $1.5M
- •Use 100% of deposits on personal statements
- •Use up to 85% of deposits on business statements
- •Couple with asset utilization for extra income
- •Transfers from business to personal accounts allowed
- •Use 100% of deposits on Personal Statements
- •Use up to 85% of deposits on Business Statements
- •Up to 90% LTV Purchase to $1,500,000
- •Third Party Prepared P&L plus 3 Months Bank Statements
- •Couple with Asset Utilization for extra income
- •Transfers from Business to Personal OK
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 8/21/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.250%
6.288% APR
FHA
5.750%
5.780% APR
VA
5.750%
5.780% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.