Bank Statement Loan for Self-Employed
Non-QM loan program utilizing profit and loss statements for income qualification.
Underwriting at a glance
- Minimum FICO
- 600+
- Max LTV (purchase / rate-term)
- 90%
- Max LTV (cash-out)
- 80%
- Loan amount
- ? - $4,000,000
- Documentation
- p-and-l
- States
- most states
Highlights
- •Up to 90% LTV
- •No cash-out seasoning required
- •100% gift funds allowed
- •80% LTV using only unaudited P&L income
- •All gift funds allowed
- •1x30 mortgage late history allowed
- •No minimum tradelines with 3 FICO scores
- •Requires 2 years self-employment history
- •Owner occupied, non-owner occupied, and second homes eligible
- •1x30 mortgage late payment history allowed
- •No minimum tradelines required with 3 FICO scores
- •Requires 2 years of self-employment
- •Qualify using P&L only income
- •No bank statements or paystubs required
- •80% LTV cash-out options
- •12 or 24-month P&L options
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 8/27/2026. 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.