BANK STATEMENT LOANS
FOR SELF-EMPLOYED TEXAS BUYERS.
Your deposits, your real income.
If your Schedule C makes you look broke on paper, conventional underwriting will punish you for being a good business owner. Bank statement loans qualify you on what actually hits your account — 12 or 24 months of deposits — not the number your CPA worked hard to shrink. I run these files every week. Bring me yours.
DEPOSITS IN. Income out.
A conventional lender opens your tax return, sees the bottom-line profit after every legitimate deduction, and uses that as your income. For a business owner who writes off vehicles, equipment, home office, and travel, that number is a fraction of what's really moving through the business.
A bank statement loan throws that approach out. The lender averages your business deposits over 12-24 months, applies an expense ratio to estimate true take-home income, and qualifies you on that number. No Schedule C punishing you for running your business the smart way.
Picking the right lender's expense ratio rules can change your qualifying income by thousands a month. That's what a broker does. That's what I do.
WHAT WOULD YOU qualify on?
Move the sliders — average monthly deposits and your expense ratio. The qualifying income updates live.
See what you qualify for.
Bank Statement loans qualify on deposits, not tax returns. Lower expense ratio = more qualifying income.
- Qualifying annual income$150,000
- Estimated max loan @ 36% DTI$643,579
Illustrative only. Actual qualifying income depends on lender, expense ratio method, statement type (business vs personal), and reserves. I'll run your real bank statements through the right lender on a 15-min call.
HOW YOUR FILE GOES.
Send statements.
12 or 24 months from your business account. I'll tell you which one works in your favor.
Match to lender.
I pick the lender whose expense ratio rules show the most of your real income.
Pre-underwrite & close.
Real pre-approval letter, typically within 24 hours of documents in. 21-day average to clear-to-close.
BANK STATEMENT, ANSWERED.
Self-employed business owners, 1099 contractors, and commission-paid pros whose tax returns understate real income because of legitimate business write-offs.
Most lenders look at 12 or 24 months. The longer window often produces a more favorable qualifying income because it smooths out slow months.
Typically 620+ credit and 10% down. Stronger files can get to 90% LTV; weaker files may need 15-20% down. Exact terms depend on the lender and your file.
Usually 1-2% higher than conventional, because the loan serves a file conventional was never built for. The play is to use a bank statement loan to get in now and refinance later when your situation lets us.
Most lenders want a 2-year self-employment history, but I have programs that accept 1 year with strong compensating factors. Bring me the file.
Yes. They're widely available across Texas. Texas has stricter rules around cash-out and home equity than most states, so it pays to work with someone who knows the local quirks.
Let's talk.
Fifteen minutes.
Bring me your file - even if three other brokers said no. We'll run the numbers, structure it right, and figure out the path. No pressure, no script.
Book a 15-min call
I'll review your situation and tell you straight what's possible. Same-day slots usually open.
Pick a timeApply online
Full secure application in ~12 minutes and document submission, if turned in before 12pm. I'll have a pre-approval letter in your inbox tomorrow morning.
Start applicationJon Taw · Mortgage Broker & Advisor
NMLS #2607503 · Last updated May 2026