How it works
Self-employed borrowers often show far less income on tax returns than their business actually generates. Bank statement programs evaluate deposit history instead, giving entrepreneurs, contractors and business owners a realistic path to financing without reshaping their tax strategy.
What defines this program
- Deposits reviewed in place of tax returns
- Business and personal statement options
- Purchase and refinance, multiple occupancy types
Common fits
Questions borrowers ask
How many months of statements are reviewed?
Programs vary in the number of months and how deposits are treated. I match your deposit pattern to the program that reads it most favorably.
Who are bank statement loans usually a good fit for?
Most often business owners, 1099 contractors, commission-based earners. That list isn't a rule, though — plenty of files land here for reasons that don't show up on a bullet point, so it's worth asking even if you don't see yourself on it.
What should I have ready before we talk about bank statement loans?
Nothing formal. Tell me the property type and where it is, whether it's a purchase or refinance, how you're paid, and roughly what you're working with for down payment or equity. That's enough for me to tell you which direction actually makes sense before you pull documents together.
What will my terms look like?
Pricing, structure and qualifying guidelines vary by lender, property, occupancy and your full financial picture — and they change often. Rather than publish numbers that may not apply to you, I review your scenario directly and walk you through the real options available for it.
This page intentionally avoids quoting rates, down payments, credit-score minimums or underwriting requirements. Guidelines differ by lender, property type, occupancy and borrower profile — and they change. April Ramker reviews your scenario and tells you what applies to it.