Bank Statement Loans
12 or 24 Months of Deposits — That's Your Income
If you're self-employed, your tax returns likely understate your true income due to business deductions. Bank statement loans let you qualify using 12 or 24 months of personal or business bank deposits — the income you actually earn.
Get Pre-Qualified Today
No credit pull. No obligation. 1-hour response.
Why Choose This Program
12 or 24 Month Options
Use 12 or 24 months of personal or business bank statements to document income.
Expense Factor Applied
Business bank statements use a 50% expense ratio (or CPA letter) to calculate net income.
Primary & Investment
Available for primary residence, second homes, and investment properties.
620+ Credit Score
Competitive rates starting at 620 FICO. Best rates at 700+.
Requirements
- Minimum 620 credit score
- 2+ years self-employed (verified via business license or CPA letter)
- 12 or 24 months personal or business bank statements
- Minimum 10% down payment (90% LTV available)
- Primary residence, second home, or investment property
- Loan amounts from $150,000 to $3 million
- No tax returns required
- No W-2s or pay stubs required
Key Benefits
- Qualify on actual cash flow, not taxable income
- 12-month option for newer businesses or recent income growth
- 24-month option for more stable income history
- Business or personal bank statements accepted
- Loan amounts up to $3 million
- Down payments as low as 10%
- Primary, second home, and investment properties
- Fixed and adjustable rate options available
- Interest-only options available
- No prepayment penalty options
Who This Program Helps
The Restaurant Owner
A restaurant owner in Los Angeles has $280,000/year in business deposits but only shows $45,000 in taxable income after write-offs. Conventional lenders keep declining him.
24-month business bank statement loan. $140,000 qualifying income (50% expense ratio). Approved for $1.1M purchase with 20% down.
The Consultant
An IT consultant in San Jose invoices $25,000/month but writes off a home office, equipment, and travel. Her Schedule C shows only $95,000 net — not enough for the home she wants.
12-month personal bank statement loan showing $298,000 in deposits. Qualified for $1.4M with 15% down. Closed in 19 days.
The Real Estate Agent
A top-producing agent in Orange County had a record year with $380,000 in commissions but the prior year was slower. Her 2-year average doesn't reflect her current earning power.
12-month bank statement program used most recent year only. Qualified at $380,000 income. Purchased $1.8M home with 25% down.
Borrowers We've Helped
"I've been self-employed for 12 years and every bank turned me down because my tax returns show minimal income. NicheLending got me approved using my bank statements in 3 weeks. Closed on my dream home in Pasadena."
"We used a DSCR loan to add our 4th rental property to our portfolio. No tax returns, no income verification — just the property's rental income. Closed in 21 days. The team was incredibly knowledgeable."
"As a recently retired physician with significant investment assets but no W-2 income, I needed a creative solution. The asset depletion program was perfect. Qualified for a $2.1M home with no income documentation."
Frequently Asked Questions
Bank Statement Income Calculator
Self-employed? Enter your monthly deposits below to instantly see your qualifying income and estimated maximum loan amount — no tax returns needed.
Lenders subtract this percentage from business deposits to estimate net income. Personal bank statements use 100% of deposits.
Enter your average monthly deposit total (or expand to enter each month individually):
This will be applied to all 24 months. Use month-by-month for a more precise result.
Enter your monthly deposits to see your qualifying income
How Bank Statement Loans Work
- No tax returns or W-2s required
- 12 or 24 months of bank statements used
- Business accounts: expense ratio applied to deposits
- Personal accounts: 100% of deposits count
- Minimum 620 credit score (680+ for best rates)
- Loan amounts up to $3 million