Bank Statement loans are designed for self-employed individuals, business owners, and entrepreneurs who have difficulty documenting income through traditional W-2s or tax returns. Instead of tax returns, lenders review 12-24 months of personal or business bank statements to calculate average monthly income. This program offers flexibility for those with complex income structures, multiple revenue streams, or significant business write-offs that reduce taxable income but don't reflect true earning capacity.
Use 12-24 months of bank statements instead of traditional tax documentation
Ideal for business owners, freelancers, and entrepreneurs with variable income
Qualify for larger loans based on actual cash flow vs. taxable income
Streamlined underwriting with fewer documentation requirements
Available for primary residences, second homes, and investment properties
Personal or business bank statements accepted from multiple accounts
Get answers to common questions about bank statement loans.
Q Home Loans specializes in bank statement loans for homebuyers and investors in Washington. Get expert guidance and competitive rates.