Bank Statement Loans

Qualify for a home loan using your bank deposits—not your tax returns

If you’re self-employed and tired of traditional lenders turning you away because your tax returns don’t reflect your true income, a bank statement loan could be the solution. These alternative mortgage programs are designed specifically for business owners, freelancers, and independent professionals who earn strong income but don’t fit the W-2 mold. At CTC Mortgage, we specialize in helping self-employed borrowers access competitive home financing options based on real cash flow—not write-offs.

Home financing built for business owners

Many entrepreneurs have solid earnings but show limited taxable income due to deductions and business expenses. That can make it difficult to qualify for conventional loans. With a self-employed home loan using bank statements, we calculate income based on your deposits—providing a more accurate picture of your ability to repay the loan. Whether you’re a contractor, consultant, or run your own company, we’ll help you get the financing you deserve.

How bank statement loans work

Instead of relying on tax returns, we review 12 or 24 months of your personal or business bank statements to determine your qualifying income. For business accounts, we typically apply an expense ratio to account for overhead. The average monthly deposits help us assess your buying power. These no income verification mortgage alternatives don’t require W-2s or pay stubs—just consistent deposit activity and a solid financial history.

Program features and qualifications

  • Down payment: As low as 10–20%, depending on credit and loan size
  • Credit score: Most programs require 600–680+
  • Loan amounts: Available for conforming and jumbo loans
  • PMI: No private mortgage insurance required
  • Documentation: No tax returns or W-2s needed—just bank statements
  • Eligible properties: Available for primary, second homes, or investment properties

Bank statement loans can be used to purchase a new home or refinance an existing mortgage. Our team will walk you through all available options and match you with the right product based on your goals.

Who should consider this loan?

This loan program is ideal for:


  • Small business owners and entrepreneurs
  • Freelancers and 1099 earners
  • Real estate agents
  • Gig economy workers
  • Consultants and creatives


If you’ve been declined by traditional lenders due to inconsistent or tax-optimized income, we can help. Many borrowers use our bank statement mortgage Florida options to qualify for homes they know they can afford, based on the real money coming in—not just what’s reported to the IRS.

Let’s find the right mortgage for you

CTC Mortgage works with business owners and independent professionals across Florida, Georgia, the Carolinas, and beyond. Whether you’re buying your first home, refinancing, or upgrading to a jumbo loan, we’ll help you leverage your actual income—not your deductions—to get approved.



Let’s talk through your bank statement options and figure out what you can afford. We make the process simple and stress-free for self-employed buyers.

Explore more flexible mortgage options

Looking for other non-traditional loan programs? CTC Mortgage offers several creative solutions beyond tax return–based underwriting:

Not sure where to start?

Discover which specialty loan program fits your needs and take the next step toward financing your goals.

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Faqs– Bank Statement Loans

Answers to common mortgage questions

  • How many months of bank statements do I need to provide?

    Most lenders require 12 or 24 consecutive months of personal or business bank statements. If using a business account, an expense ratio is usually applied—often around 50%—to account for operational costs.

  • Can I use business accounts instead of personal?

    Yes, many self-employed borrowers qualify using business bank statements. Just note that lenders will factor in typical business expenses, which means your qualifying income may be lower than the total deposits.

  • Do I need to be self-employed for a certain amount of time?

    You typically need a two-year history of self-employment to qualify. This shows consistency in income and business operation. Some exceptions may apply with strong reserves or other compensating factors.

  • Will this loan help me qualify for more than a traditional loan?

    It often can. Because we calculate income based on actual cash flow, not taxable income after deductions, self-employed borrowers may qualify for larger loan amounts with a bank statement mortgage.

  • Is this the same as a stated income loan?

    Not exactly. True stated income loans are largely gone due to regulatory changes. Bank statement loans are a modern alternative that still verify income—just through bank deposits instead of tax returns.