Bank Statement Loan for Self-Employed
A closed-end second lien mortgage program available for owner-occupied, second home, and investment properties with fixed-rate terms of 10, 20, and 30 years.
Underwriting at a glance
- Minimum FICO
- 660+
- Max LTV (purchase / rate-term)
- 90%
- Max LTV (cash-out)
- 90%
- Loan amount
- $75,000 - $750,000
- Documentation
- full-doc, 12mo-bank-stmt, 24mo-bank-stmt, dscr-only, alt-doc
- States
- AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MN, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, OR, PA, RI, SC, SD, TX, UT, VA, WA, WI, WY, MI, NJ, NY, TN, VT, WV
Highlights
- •90% Max CLTV for Full Doc, Bank Statement, and DSCR
- •Eligible as 2nd lien only
- •AVMs available for loans up to $400,000
- •Properties with a solar lien are eligible
- •Fully disbursed at closing with no draw feature
- •85% Max CLTV
- •Non-warrantable condos eligible
- •AVMs available for loans up to $250,000
- •Properties with solar liens are eligible
- •90% max CLTV for full doc, bank statement, and DSCR second liens
- •Available for owner occupied, second home, and investment properties
- •85% Max CLTV Full Doc, Alt Doc, and DSCR Closed-End Seconds
- •Eligible as 2nd lien only with fully disbursed closing
- •Non-Warrantable Condos Eligible
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 8/30/2026. 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.