For self-employed buyers
Bank Statement Loans in Texas
Self-employed? Qualify for a home loan with your personal or business bank statements instead of tax returns, with as little as 10% down on a primary home anywhere in Texas.
Why Texas business owners choose our bank statement program
No tax returns
Your deposits document your income, so write-offs don't shrink what you qualify for.
Personal or business statements
Use the accounts that show your income best. Our team tells you what to send.
As low as 10% down
Your down payment depends on your credit and the home's price. Gift funds can count toward it.
30-year fixed rate
One fixed principal and interest payment, on an eligible home anywhere in Texas.
What is a bank statement loan?
A bank statement loan is a home loan that documents your income with your bank statements instead of tax returns or W-2s. Instead of looking at the taxable income on your returns, the review looks at the deposits flowing through your accounts.
It's built for self-employed buyers. Business owners often write off expenses to lower their taxes, which also lowers the income a traditional lender can count. Bank statements show what you actually bring in.
Who qualifies for a bank statement loan in Texas?
Our Texas bank statement program is for self-employed buyers purchasing a home to live in: small business owners, LLC and S-corp owners, sole proprietors, real estate agents, contractors and tradespeople, consultants, and freelancers.
You'll need recent bank statements that show steady income, a down payment, and an eligible primary residence in Texas. Investment properties and second homes aren't eligible.
Bank statement loan down payment: as low as 10%
Down payments on our bank statement program start as low as 10%. On a $350,000 home, that's $35,000. Your exact amount depends on your credit and the home's price, and our quick survey shows it in about a minute.
Gift funds from family can count toward your down payment.
How income is calculated from bank statements
Our team reviews your recent personal or business bank statements to see the income coming in month after month, and tells you how your qualifying income is figured.
Steady, consistent deposits make the strongest file. Our team tells you exactly which statements to send.
Bank statement loan vs. a conventional mortgage
A conventional mortgage qualifies you on the income shown on your tax returns, usually for the last two years. If your business writes off a lot of expenses, that number can be far below what you really earn.
A bank statement loan skips the tax returns and looks at your deposits instead, so the income you qualify with reflects what your business actually brings in.
Texas bank statement loan requirements
A quick look at the program. Your exact down payment depends on your credit, how you document income, and the home's price. Our quick survey shows it.
- Income
- Recent personal or business bank statements (no tax returns)
- Down payment
- As low as 10%, depending on your credit and the home's price
- Credit score
- From 560
- The home
- Single-family homes, townhomes, and condos in Texas, priced $150,000–$3,000,000
- Occupancy
- Must be your primary residence (no investment properties)
- Loan
- 30-year fixed
General program terms, not an offer. Final rate, payment, and terms are based on approval. Higher-priced homes may need a larger down payment.
How to get a bank statement loan
- 1
Answer a few questions
Tell us how you're paid, your credit, and your price range. It takes about a minute.
- 2
See your down payment
We show what a home in your price range would need, with no credit check.
- 3
Send your statements
Our team reviews your bank statements and confirms your options.
- 4
Find your home and close
Choose an eligible home in Texas and close with the title in your name.
Bank statement loans across Texas
Our program is available for primary residences throughout Texas, including:
- Dallas
- Fort Worth
- Arlington
- Plano
- Frisco
- McKinney
- Denton
- Houston
- Katy
- The Woodlands
- San Antonio
- Austin
- Round Rock
- Killeen
- Waco
Bank statement loan questions
Self-employed buyers purchasing a home to live in: business owners, sole proprietors, real estate agents, contractors, consultants, and freelancers whose tax returns don't show what they really earn.
Your deposits tell the real story.
Answer a few quick questions and see your down payment in about a minute.