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For high-income earners—especially entrepreneurs, consultants, and freelancers—traditional mortgage underwriting often falls short. If you’re earning $250K+ but your tax returns don’t reflect your true income, a bank statement mortgage can be the ideal solution.
In this guide, we’ve ranked the top 10 bank statement lenders of 2025 that cater to high-income self-employed professionals. These lenders understand complex income and offer flexible programs designed to turn your cash flow into real borrowing power.
What Is a Bank Statement Loan?
A bank statement mortgage allows you to qualify for a loan using 12 or 24 months of personal or business bank statements instead of tax returns or W-2s.
This is especially helpful if you:
- Have aggressive tax write-offs
- Show lower taxable income than you earn
- Are 1099 or fully self-employed
Explore the basics of bank statement loans here
Who Should Use a Bank Statement Lender?
These loans are ideal for:
- Consultants & coaches earning $250K+
- Creative professionals (designers, marketers, influencers)
- Real estate agents & brokers
- Small business owners & agency founders
- Doctors, attorneys, and high-earning contractors
If your actual bank deposits far exceed your net taxable income, these lenders can help bridge that gap.
Top 10 Bank-Statement Lenders for $250K+ Earners in 2025
Here’s our vetted list based on loan program flexibility, underwriting experience, and customer service.
1. Angel Oak Mortgage Solutions
- Specialty: Pioneers in non-QM lending
- Min Credit Score: 660
- Loan Amounts: Up to $3.5M
- Notable Feature: 12- or 24-month statement options
Start with Angel Oak
2. Carrington Mortgage Services
- Specialty: Self-employed borrowers with past credit events
- Loan Amounts: Up to $2.5M
- Down Payment: As low as 10%
- Bonus: Accepts business and personal statements
3. Citadel Servicing (Acra Lending)
- Specialty: Flexible underwriting with custom expense ratios
- Loan Amounts: Up to $5M
- Min Score: 620
- Standout: Bank statement P&L accepted
4. LendSure Mortgage Corp
- Specialty: High-balance loans for self-employed
- Features: 1-month bank statement program (ultra-flex)
- Best for: Coastal property buyers or luxury buyers
5. The Loan Store
- Specialty: Tech-driven, quick closings
- USP: Proprietary bank statement analyzer for accurate income
- Ideal for: High-income professionals needing fast approvals
6. HomeXpress Mortgage
- Specialty: Simple documentation process
- Highlights: Allows use of CPA letters and P&Ls
- Competitive Edge: Fast turnarounds for 24-month programs
7. Sprout Mortgage
- Specialty: Broad non-QM and alt-doc offerings
- Note: Accepts borrowers with asset depletion strategies
- Perfect For: $250K+ earners with multiple income streams
8. Newfi Lending
- Specialty: Flexible qualification for high-income borrowers
- Edge: Cash-out and investment property options available
- Best For: Entrepreneurs scaling into real estate
9. A&D Mortgage
- Specialty: Fast-track approvals
- USP: In-house underwriting and wide approval margins
- Strength: Low-doc refinances for self-employed borrowers
10. Griffin Funding
- Specialty: National coverage, VA + bank statement hybrids
- Why it Stands Out: Transparent fee structure and strong service
Apply with Griffin Funding
What to Look For in a Bank Statement Lender
When choosing a lender, consider:
- Experience with self-employed borrowers
- Flexibility in business expense ratio (default is 50%)
- Ability to use P&L to boost qualifying income
- Options for investment or second homes
- Underwriting timeline and communication quality
Want a lender matched to your income type and goals?
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FAQs About Bank Statement Lenders
Can I use personal bank statements instead of business?
Yes. Most lenders allow either, but will assess income differently. Personal statements often assume 100% of deposits as income if business income flows directly into them.
Are interest rates higher with bank statement loans?
Slightly. Rates are typically 0.5%–1.25% above conventional loans, but this can be offset by larger loan approval amounts.
Do these lenders offer investment property financing?
Many do. Some offer bank statement DSCR hybrids—ideal for high-income investors.
Read Next:
Final Thoughts
Bank statement lenders are essential partners for high-income professionals earning $250K+ who need a smarter way to qualify for mortgages. Whether you’re buying a dream home, refinancing, or expanding your portfolio, these top 10 lenders have the tools to help you leverage your real income—not just your tax-adjusted one.
Not sure which lender is right for your situation?
Schedule a mortgage strategy call and get expert advice tailored to self-employed high earners.
Ready to apply?
Get pre-qualified today without impacting your credit
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.
