Specialty
Bank Statement Loan
For self-employed borrowers — qualify on deposits, not write-offs.
Qualifies on
12–24 mo. bank statements
Tax returns
Not required
Down payment
From 10%
Use
Primary, second, investment
Overview
If your tax returns understate your true income because of business write-offs, a bank statement loan qualifies you on 12–24 months of deposits instead. Built for entrepreneurs and 1099 earners.
Best for
- Self-employed and 1099 earners
- Business owners with significant write-offs
- Borrowers turned away by conventional underwriting
When it's not the fit
- Your tax returns already reflect strong income
- You qualify cleanly for conventional or government loans
How it works with BISU
- 1
We review recent personal or business bank statements.
- 2
We calculate a defensible qualifying income from deposits.
- 3
We match you to the right non-QM investor.
- 4
We close without the tax-return bottleneck.
Frequently asked
How many months of statements?
Typically 12 or 24 months. More history can mean better pricing. We'll tell you which is best for your situation.
Compare with other programs
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