Qualify with 12–24 months of bank deposits—not tax returns. Bank statement loans for self-employed Indiana borrowers with The 2 Mortgage Guys.
Bank Statement Loans | The 2 Mortgage Guys
Qualify with 12–24 months of bank deposits—not tax returns. Bank statement loans for self-employed Indiana borrowers with The 2 Mortgage Guys.
Bank Statement Loans
What Is a Bank Statement Loan?
How Bank Statement Loans Work
Personal vs. Business Statements
Personal bank statements
Business bank statements
Who Bank Statement Loans Are For
Why Borrowers Choose Bank Statements
Income based on real deposits
Typical Guidelines
What You Will Need
Common Bank Statement Loan Questions
Ready to Qualify on Your Deposits?
Qualify with 12–24 months of deposits — not tax returns. Built for self-employed Indiana borrowers whose write-offs hide real cash flow.
A bank statement loan is a Non-QM mortgage that documents income from your actual deposits instead of W-2s or tax returns. Lenders review consecutive months of statements, average eligible deposits, and use that figure as qualifying income.
If you write off aggressively for taxes — equipment, vehicles, home office, depreciation — your taxable income can look too low for a conventional approval even when your business is healthy. Bank statement underwriting looks at cash flowing through the account.
Guidelines vary by investor, credit, and loan amount. This overview is educational — every file is reviewed against current product rules.
How income is figured
Eligible deposits (12 or 24 mo)
Number of months
Program deposit factor
Result = monthly qualifying income used for DTI. Transfer-ins, refunds, and large one-time deposits are usually excluded.
From gathering statements to closing — without a traditional tax-return income calc.
Two documentation paths — we pick the one that maximizes usable income for your scenario.
Personal accounts
Best when business revenue lands in your personal account or you draw owner distributions that show as clear deposits. Programs often count a higher percentage of deposits as income.
Business accounts
Ideal when revenue stays in the business account. Underwriters apply an expense factor (or use a CPA letter in some programs) so deposit totals reflect realistic net cash flow.