Bank Statement Loans
Perfect for self-employed individuals who may not qualify with traditional income documentation.
Bank statement loans are an excellent option for self-employed individuals, freelancers, and business owners who may not have traditional W-2 income documentation. Instead of requiring tax returns or pay stubs, lenders evaluate 12 to 24 months of bank statements to determine the borrower's income and ability to repay. These loans provide more flexibility for entrepreneurs, allowing them to qualify based on cash flow rather than reported taxable income. Bank statement loans can be used for purchasing a home, refinancing, or cash-out refinancing.