Offering Bank Statement Loans Nationwide

Bank Statement Loans for Self-Employed Homebuyers

Qualify with 12-24 months of personal or business bank statements

even if your tax returns don't reflect your true cash flow.

A smarter mortgage option when tax returns don't work

Bank statement loans are ideal for:

Self-Employed Borrower

Business Owners

1099 Income Earners

Contractors/ Consultants

Real Estate Professionals

Community Lending

Borrowers with strong deposits but heavy write-offs

If you have consistent deposits, we can often work with that.

How Bank Statement Loans Work

Use real cash flow - not just taxable income

Instead of using W2 income or tax return net income, bank statement programs may allow you to qualify based on verified deposits.

Common Guidelines

12 or 24 months of bank statements (personal or business0

Business statements may use an "expense factor" to estimate useable income

Purchase or Refinance Options

Primary, second home, or investment properties

Single Family, Condo, PUD, Multi-Family

Borrowers with strong deposits but heavy write-offs

Minimum Credit Score & Reserves vary

Every lender has slightly different rules - our job is to match you with the best fit of our 25+ Options

What Borrowers Choose This Program

The benefits business owners care about

  • Less reliance on tax-return net income

  • works well for high write-off businesses

  • great for entrepreneurs with strong deposits

  • Available for purchases and refinances

  • Often pairs well with jumbo financing

What You'll Need

What we'll review to get you pre-qualified

To give accurate numbers quickly , we typically review

  • Less reliance on tax-return net income

  • works well for high write-off businesses

  • great for entrepreneurs with strong deposits

  • Available for purchases and refinances

  • Often pairs well with jumbo financing

FAQ'S

Do I need tax returns?

No, Bank statement programs qualify without traditional tax returns.

How fast can I get pre-qualified?

If you can provide basic details, 12 months of bank statements, we usually can get you pre-qualified the same day.

Will this cost more than a Conventional loan?

Bank statement loans can have different pricing than conventional loans. We'll compare options and show you what makes sense.

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Call

941-529-1040

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Christopher Galli NMLS# 13152


Novus Home Mortgage, a division of Ixonia Bank is an Equal Housing Lender. We are headquartered at 20225 Water Tower Blvd. Suite 400, Brookfield, WI 53045.. NMLS No. 423065
(www.nmlsconsumeraccess.org). This is not an offer to enter into an agreement or a commitment to lend. All loans are subject to credit approval as well as program requirements

and guidelines. Rates and requirements are subject to change without notice. Not all products are available in all states. Other restrictions or limitations may apply. Novus Home Mortgage, a division of Ixonia Bank

is not affiliated with any government agency. © Novus Home Mortgage. All Rights Reserved | Program, Rate & APR Examples. Privacy Policy