Bank Statement Loans · No Tax Returns

Your bank account already proves your income.

Self-employed and write off too much to qualify the traditional way? We qualify you on what actually lands in your account — 12 or 24 months of personal or business deposits, no tax returns, no 1040s, no explaining your Schedule C.

Calculate My Qualifying Income Book a Strategy Call

$5M Max Loan Amount

90% Max CLTV

12–24 Months of Statements

0 Tax Returns Needed

BUSINESS CHECKING · 12-MO AVG DEPOSITS ANALYZED

Client payment — Jan+ $11,420
Client payment — Feb+ $9,980
Client payment — Mar+ $13,150
Client payment — Apr+ $12,760
Client payment — May+ $10,340
Client payment — Jun+ $14,090

Avg. Monthly Qualifying Income $0

This is the whole program. Deposits in, qualifying income out.

How It Works

Three steps. No tax returns anywhere in them.

This is the entire process, start to close. No 4506-C surprises, no "let's see what your CPA wrote off" conversation.

01

Send your statements

12 or 24 months of personal or business bank statements. Self-employed for 2+ years covers you — 1099, Schedule C, or business owner.

02

We calculate your income

Real deposits, averaged over your statement period, become your qualifying income — no tax returns or transcripts involved, ever.

03

Lock your terms and close

Loans up to $5M, up to 90% CLTV. We walk you through pricing and terms on a call before anything is submitted.

Calculate My Qualifying Income Book a Strategy Call

Who This Is For

Built for income that doesn't fit in a W-2 box.

Bank statement loans aren't the right tool for everyone. Here's the honest breakdown so you're not wasting a call.

You're a strong fit if

You've been self-employed or 1099 for 2+ years
Your tax returns understate what you actually earn
You have 12–24 months of consistent deposits, personal or business
You're buying, refinancing, or pulling equity from a primary, second home, or investment property

Talk to us first if

Your business is less than 2 years old
Your income is mostly cash and doesn't hit a bank account
You're a W-2 employee with straightforward paystubs — a conventional loan is likely faster and cheaper for you
You're not sure which category you fall into — that's exactly what the call is for

Calculate My Qualifying Income Book a Strategy Call

MD

Mitchell Dunn

Loan Strategy Architect · Loan Factory

NMLS #1378534 · Company NMLS #320841

CA FL IN KS KY TX

Licensed to originate in 6 states

Buying an investment property? I can help in more states ›

Business purpose loans (DSCR, investment property) don't always require me to be individually licensed in your state — Loan Factory's company license can cover it. Additional states where this applies:

AL, AK, AZ, AR, CO, CT, DE, DC, GA, HI, IL, IA, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, ND, NC, OH, OK, PA, RI, SC, TN, VT, VA, WA, WV, WI, WY

Who You're Working With

I underwrote credit risk before I ever originated a loan.

Over 15 years in the mortgage industry, based in Bowling Green, KY. I've seen bank statement files from the underwriting side and the origination side — which is the difference between a loan officer who submits your file and one who builds it to survive underwriting.

Credit Analysis JPMorgan Chase

Loan Origination Stonebridge Mortgage · Atlanta

Loan Strategy Architect Loan Factory · Today

Talk to a Loan Strategist Calculate My Qualifying Income

FAQ

Answers before you have to ask.

The questions that come up on almost every bank statement loan call — answered up front.

Do I need to provide tax returns at all?

No — and you shouldn't. Bank statement programs are built specifically to avoid tax returns and transcripts. If tax returns are submitted, the file actually becomes ineligible for the program, so we keep them out of it entirely.

How many months of bank statements do I need?

12 or 24 months, your choice — personal or business account. More months can mean a stronger income average if your deposits have grown over time, but 12 months is enough to qualify on its own.

How is my qualifying income actually calculated?

For personal statements, it's 100% of your stable, predictable deposits, averaged over the 12 or 24 months provided. For business statements, an expense ratio is applied to the deposits first (typically a standard 50%, sometimes less with a CPA letter or P&L) before the average is taken.

Can I use both personal and business statements?

Yes. Multiple accounts can be used, but personal statements must stay personal (non-business) accounts, and business statements follow business-account rules, including the expense ratio. We'll sort out which combination gets you the strongest number.

I've had a few overdrafts — does that disqualify me?

Not automatically. Up to 3 NSF occurrences in the most recent 12 months are allowed if any happened in the last 3 months — and up to 6 in 12 months if the last 3 months were clean. Occasional overdrafts are normal for a busy business account.

How long does my business need to have been open?

At least 2 years, and you need to have owned it for at least 2 years as well. A change in business structure — sole proprietor to LLC, for example — is fine with the right documentation.

What loan amounts and CLTV can I get?

Loan amounts up to $5 million, with CLTV up to 90% depending on the specific program and your credit profile. We'll walk through exactly where your file lands before anything is submitted.

What property types and occupancy can this cover?

Primary residence, second home, or investment property — single family, condo, PUD, 2–4 units, and more depending on the program.

Are you licensed in my state?

I'm individually licensed in CA, FL, IN, KS, KY, and TX. If your purchase is an investment property, business purpose loans often don't require me to be individually licensed in your state — book a call and we'll confirm quickly either way.

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