Bank Statement Loan for Self-Employed
A bank statement loan program offering up to 90% LTV with credit scores starting at 620 and loan amounts up to $4 million. Features include no expense factor with a P&L letter, interest-only options, and eligibility for first-time homebuyers.
Underwriting at a glance
- Minimum FICO
- 620+
- Max LTV (purchase / rate-term)
- 90%
- Max LTV (cash-out)
- -
- Loan amount
- ? - $4,000,000
- Documentation
- alt-doc, 12mo-bank-stmt, p-and-l
- States
- most states
Highlights
- •No expense factor with P&L letter
- •Transferred appraisals allowed
- •Up to 90% LTV for condos
- •100% gift funds allowed
- •1 year Chapter 7 bankruptcy seasoning
- •Interest only available
- •Cash out can be used for reserves
- •90% LTV for condos
- •Up to 90% LTV with 680 FICO
- •90% LTV available for condos
- •First time homebuyers allowed
- •Interest-only options available
- •Interest-only available
- •Cash-out proceeds can be used for reserves
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 9/3/2026. 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.