Loan Guide
Bank-Statement Loans for Self-Employed Buyers
Non-QM loans that use 12–24 months of bank deposits to show income.
What to know
- Income is averaged from personal or business bank statements.
- Rates and down payments are usually higher than conventional loans.
- Offered by non-QM lenders; guidelines differ.
Questions buyers ask
- Do I need tax returns?
- Usually not — the bank statements stand in for them, though lenders may ask for a CPA letter.
Official figures: CFPB: understanding loan options. General information, not lending advice — confirm terms with a licensed loan officer.