Who is this loan really for?

Self-employed borrowers whose tax returns don't reflect their true income — business owners writing off heavily, 1099 contractors, real estate professionals, freelancers.

Personal or business accounts?

Both work. Business accounts typically apply a 50% expense factor; personal accounts use the deposits more directly. We'll model both to see which qualifies you for more.

Bank statement loans price above conventional. For most borrowers, the math still works because they wouldn't qualify on returns alone — and they can refinance to conventional later.

Self-Employed

Bank statement loans — built for how you really earn.

Use 12 or 24 months of bank deposits to qualify, instead of two years of tax returns that don't tell the whole story.

10%

Min down

12 / 24 mo

Statements

660

Min FICO

Up to $3M

Loan size

Best fit for

Business owners with strong cash flow but heavy write-offs
1099 contractors with two-plus years of consistent deposits
Real estate agents and commission-based earners

Worth knowing

Rates run above conventional — usually a defensible trade
We need clean, consistent deposit patterns
Reserves (a few months of PITI in the bank) often improve pricing

Questions we hear

Who is this loan really for?: Self-employed borrowers whose tax returns don't reflect their true income — business owners writing off heavily, 1099 contractors, real estate professionals, freelancers.
Personal or business accounts?: Both work. Business accounts typically apply a 50% expense factor; personal accounts use the deposits more directly. We'll model both to see which qualifies you for more.
Does the rate hurt?: Bank statement loans price above conventional. For most borrowers, the math still works because they wouldn't qualify on returns alone — and they can refinance to conventional later.

Want to see if this fits your situation?

Start your application →

Program details shown on this page — including down payment percentages, terms, and qualifying figures — are general guidelines from wholesale lender programs and are provided for informational purposes only. They are not an offer of credit, an advertisement of specific credit terms, a rate quote, or a commitment to lend. Actual down payment, rate, annual percentage rate (APR), term, points, fees, and monthly payment depend on your credit, income, assets, property, occupancy, and the lender's underwriting, and are disclosed only after a complete application. Program availability and terms are subject to change without notice. All loans subject to credit approval.

Dages Capital is a mortgage brokerage licensed in Indiana, NMLS #2802965. Equal Housing Opportunity.