Home loans made simple for the self-employed in Texas using bank statements instead of tax returns. Great for freelancers, entrepreneurs, or independent contractors.
A bank statement loan is a powerful alternative to traditional mortgages, designed specifically for self-employed Texans like you. Instead of requiring W-2s or tax returns, this loan uses 12 to 24 months of personal or business bank statements to verify your income.
If you’re earning solid revenue but your deductions reduce your taxable income, a Texas bank statement loan could be the solution you’ve been waiting for.
This loan is ideal if you:
If you’re tired of being penalized for smart tax strategies, bank statement home loans in Texas are made for you.
Qualifying is easier than you think. Here’s what you need:
Forget stacks of tax documents. If your bank statements show consistent income, you’re in great shape.
Making an informed decision involves thoroughly evaluating a bank statement loan’s benefits and drawbacks before proceeding.
No Tax Returns Required: Skip the paperwork. Qualify using your actual bank deposits, not adjusted gross income from tax filings.
Ideal for Self-Employed Borrowers: Perfect if you own a business, earn 1099 income, or have variable monthly income streams.
Flexible Underwriting: Lenders evaluate your loan based on your deposits and business performance, not rigid traditional standards.
High Loan Amounts Available: Bank statement loans often support jumbo loan amounts, ideal for high-value or luxury properties.
Can Be Used for Multiple Purposes: Use it to purchase, refinance, or even pull equity from your property via a cash-out refinance.
Higher Interest Rates: Since these loans fall under non-QM (non-qualified mortgage) guidelines, rates can be slightly higher than conventional loans.
Larger Down Payment Requirements: Expect to put down at least 10%, sometimes more, depending on your credit and reserves.
Stricter Credit Standards: A strong credit profile helps offset the alternative documentation—lenders often prefer 620+ FICO scores.
Not for Everyone: If your bank statements show inconsistent income or irregular deposits, this may not be the best fit.
These loans are tailored to your real-world financial profile. Benefits include:
You’re not defined by traditional paperwork, and your mortgage shouldn’t be either. Take advantage of the bank statement mortgage loan.
From investment homes to primary residences, bank statement loans in Texas cover it all:
Single-family homes
Condos & townhomes
Second homes
Rental & investment properties
New construction & renovation
Vacation Properties
If you’re investing in Texas real estate, this loan can support your vision.
Q: How many months of bank statements do I need?
A: Most lenders require 12 or 24 months of personal or business bank statements.
Q: Do I need a profit and loss statement?
A: Not always. Some lenders may ask for one, but others rely on deposits alone.
Q: Can I qualify with business bank statements?
A: Yes. We’ll analyze your business deposits to verify income.
Q: Can this loan be used for refinancing?
A: Absolutely. You can use it for purchase, refinance, or cash-out.
Let your income work for you.
With a Texas bank statement mortgage, we look at what you actually earn, not just what shows on a tax return.
Our experienced Non-QM team will guide you through every step. Fast approvals, common-sense underwriting, and a loan designed around your lifestyle—because homeownership should be for everyone, not just the W-2 crowd.
Call us today at (877) 280-4833 to speak with one of our Non-QM Loan Specialists or use the tools on this website to get started.
The Texas Mortgage Pros, LLC. is not affiliated with an agency of the federal government, HUD or FHA. THIS IS NOT A GOVERNMENT DOCUMENT. HUD or FHA did not distribute or approve this material.
The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply.
