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- Matched with investor-friendly lenders
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Self-employed and earning six figures, but still getting denied by traditional mortgage lenders? You’re not alone. In 2025, bank statement mortgages are becoming the go-to solution for high-income entrepreneurs looking to qualify for home loans—without traditional income documentation.
This playbook breaks down everything you need to know about bank statement loans in 2025, from qualifying criteria to lender trends, plus expert tips to maximize your approval odds.
What Is a Bank Statement Mortgage?
A bank statement mortgage is a type of non-QM (non-qualified mortgage) loan that allows self-employed individuals to use personal or business bank statements to verify income, instead of tax returns, W-2s, or pay stubs.
These loans are tailored for:
- Entrepreneurs
- Freelancers
- Gig workers
- Business owners with seasonal income
- High earners with complex finances
If you consistently deposit high income into your accounts but write off expenses on your tax returns, this loan helps you show your real earning power.
Why Six-Figure Entrepreneurs Prefer Bank Statement Loans in 2025
Entrepreneurs making $100K or more annually often face one big hurdle: tax minimization reduces their reported income. That’s where bank statement mortgages shine.
Key Benefits:
- No tax returns required
- Use 12 to 24 months of bank statements
- Qualify based on deposits, not taxable income
- Available for primary, secondary, or investment properties
- Can finance luxury homes up to $5 million+
Ready to explore your bank statement loan options? Start your pre-qualification now.
2025 Bank Statement Mortgage Requirements
While specific requirements vary by lender, here’s what you’ll generally need:
| Requirement | Typical Criteria (2025) |
| Credit Score | 660+ (700+ for best rates) |
| Bank Statements | 12–24 months (personal or business) |
| Loan Amount | Up to $5M |
| DTI (Debt-to-Income) | Up to 50% |
| Down Payment | 10–20% (lower with compensating factors) |
| Business Ownership | 2+ years preferred |
Tip: Lenders will average monthly deposits and apply a business expense factor (often 50% for business statements). Choose the statement type that shows stronger net income.
How to Qualify: Step-by-Step for Entrepreneurs
- Choose the Right Lender
Work with a lender experienced in non-QM or self-employed mortgages. Explore our recommended lenders. - Organize Your Bank Statements
Ensure clean, legible, and consistent income flow. Avoid large unexplained deposits. - Prepare Additional Documentation
Some lenders may request:
- Profit and loss statement
- Business license
- CPA letter
- Profit and loss statement
- Optimize Your Credit Profile
Pay down high balances and avoid new debt before applying.
Get matched with a loan specialist who understands six-figure self-employment. Book a free consultation.
Top Bank Statement Lenders in 2025
Here are some industry leaders catering to self-employed borrowers:
- Angel Oak Mortgage Solutions
- ACC Mortgage
- Citadel Servicing
- Carrington Mortgage
- LendSure Mortgage Corp
Each lender has slightly different rules, so comparing offers is key.
Compare rates and programs tailored to your income flow. Get personalized bank statement mortgage quotes.
FAQs About Bank Statement Mortgages
Can I use both personal and business statements?
Yes. Some lenders even allow blending both, but you’ll need to prove business ownership and consistent income sources.
Will I pay a higher interest rate?
Slightly, yes. Rates are typically 0.5%–1.5% higher than conventional loans but vary by credit profile and down payment.
Can I refinance using a bank statement loan?
Absolutely. Bank statement refis are available for rate reduction, cash-out, or switching from hard money.
Read Next:
- The Best Mortgage Loans for Self-Employed Professionals in 2025
- How to Qualify for a Jumbo Loan Without W-2s
- Bank Statement Loans vs. DSCR Loans: Which Is Better for Investors?
Final Thoughts
Bank statement mortgages are unlocking homeownership and real estate investing for six-figure entrepreneurs who don’t fit into a W-2 world. With smart preparation and the right lender, you can secure a competitive mortgage based on how you really earn.🔥 Don’t let your tax strategy block your financial growth.
Get Expert Financing
- Matched with investor-friendly lenders
- Fast pre-approvals-no W2s required
- Financing options fro rentals, BRRRR, STRs
- Scale your portfolio with confidence
Our advice is based on experience in the mortgage industry and we are dedicated to helping you achieve your goal of owning a home. We may receive compensation from partner banks when you view mortgage rates listed on our website.
