When you're self-employed, your write-offs work against you on paper. A bank statement loan qualifies you on what actually lands in your account — not what's left after deductions. No W-2. No tax returns. Just your deposits.
No credit pull required · Response within 24 hours
Bank Statement Programs
We work with both personal and business bank statements. Your loan officer will help you figure out which one gives you the strongest qualifying income.
Self-Employed Borrowers
We use 12 or 24 months of your personal bank statements. 100% of deposits count toward your qualifying income — no expense factor deducted. Simple, clean, and straightforward.
Business Owners
We use 12 or 24 months of your business bank statements and apply an expense factor to calculate net qualifying income. Great for borrowers whose business accounts show stronger cash flow than personal accounts.
Cash-Out & Gift Funds
Cash-out proceeds and gift funds can both be used for reserves — giving you more flexibility to close even when liquid assets are tied up in your business.
The Process
The process is simpler than most self-employed borrowers expect. Here's what it looks like from start to close.
Pull together 12 or 24 months of personal or business bank statements. That's the core of your file — no tax returns, no W-2s.
We average your monthly deposits over the statement period. For business accounts, we apply an expense factor to arrive at your net qualifying income.
Once we review your statements and scenario, most borrowers hear back with a pre-approval decision within one business day.
Beyond the statements, we typically need a self-employment verification letter and a few standard items. No multi-year tax return package.
With a clean file, bank statement loans close on a timeline comparable to conventional loans. You get the keys without the traditional income documentation headache.
Pull together 12 or 24 months of personal or business bank statements. That's the core of your file — no tax returns, no W-2s.
We average your monthly deposits over the statement period. For business accounts, we apply an expense factor to arrive at your net qualifying income.
Once we review your statements and scenario, most borrowers hear back with a pre-approval decision within one business day.
Beyond the statements, we typically need a self-employment verification letter and a few standard items. No multi-year tax return package.
With a clean file, bank statement loans close on a timeline comparable to conventional loans. You get the keys without the traditional income documentation headache.
Who This Is For
Bank statement loans were designed for one reason — to give self-employed borrowers a fair shot at qualifying on their real income.
You Own Your Own Business
Sole proprietors, S-corp owners, and LLC members who write off legitimate business expenses that reduce taxable income.
You're a Contractor or Freelancer
1099 income, project-based work, or gig income that looks inconsistent on paper but adds up to real money in the bank.
You're in the Restaurant or Service Industry
High cash flow businesses whose tax returns significantly understate actual income due to deductions and depreciation.
You're a Doctor, Dentist, or Private Practice Owner
Medical and professional practice owners with strong deposit history but complex tax situations that traditional lenders struggle with.
You're a Real Estate Investor or Flipper
Investors whose income is project-based or whose returns are reinvested, making traditional income docs unreliable for qualification.
Traditional Lenders Turned You Down
You make more than enough to cover the payment — but your tax return doesn't show it. That's exactly what bank statement loans are designed to fix.
The FlexPoint Difference
Nearly 30 years and over $5 billion funded. Here's what that experience means for your bank statement loan.
Tell us a little about your situation. We'll review your scenario and get back to you within 24 hours — no credit pull, no pressure.
By submitting this form, you consent to be contacted by FlexPoint Inc. regarding your inquiry. This is not a commitment to lend. All loans subject to credit approval. Restrictions apply. Some products may not be available in all states. FlexPoint Inc. NMLS #243082.
FAQ
The questions self-employed borrowers ask us most.
Licensed & Regulated
NMLS #243082 — fully licensed and compliant across all states where we operate.
Nearly 30 Years of Experience
In business since 1996 with over $5 billion in real estate loans funded.
Integrity & Transparency
Every member of this team is held to the same standard — honest advice, no pressure, real results.
Verify Our License
NMLSConsumerAccess.org →