1099 Income Mortgage
What is a bank statement loan ?
A Bank Statement Loan is designed for self-employed individuals who may not have traditional income documentation such as W-2s, pay stubs, or tax returns. Instead of using these documents, lenders evaluate your income based on deposits shown in your bank statements.
This financing option is ideal for freelancers, entrepreneurs, business owners, and independent contractors who generate consistent income but may not qualify through conventional income verification methods.
Bank Statement Loans provide a flexible approach to mortgage qualification, helping self-employed borrowers access the financing they need. With competitive interest rates and customizable loan terms, these loans are tailored to fit your unique financial situation and home ownership goals.
No Tax Returns Mortgage —Qualify with Bank Statements
No Tax Returns Required. Fast Approvals.
See What You Can Qualify For Today
- Use 12–24 months of bank statements
- No W-2s or tax returns needed
- Loan amounts up to $5,000,000
- No Mortgage Insurance
- Low Down Payments Options
- Options for primary, second homes & investments
- Quick pre-approvals
Don’t Let Write-Offs Kill Your Approval
If your tax returns don’t reflect your real income, this program was built for you.
FAQ's
Can I use a Bank Statement Loan to refinance my existing mortgage?
Yes. Our Bank Statement Loan programs can be used to purchase a home or refinance an existing mortgage, helping you achieve your financial goals without traditional income documentation.
Who is a Bank Statement Loan best suited for?
These loans are ideal for self-employed borrowers, business owners, freelancers, consultants, and independent contractors who may not qualify through traditional income verification methods.
