Qualify on your deposits, not your tax returns.
Self-employed borrowers rarely look their best on a tax return. The write-offs that lower your taxable income also shrink the income a traditional lender will count. A bank statement loan from Abo Capital fixes that by qualifying you on the deposits flowing into your accounts — not your adjusted gross income — so the way you save on taxes doesn’t cost you the home you want.
Bank statement loans terms at a glance
90%
maximum LTV
$20M
maximum loan amount
12–24 mo
bank statements, not tax returns
No tax returns
W-2s not required
Low-600s
minimum credit score
Self-employed
built for business owners
All figures shown are maximums, with exceptions considered case-by-case. Final terms are quoted per deal and depend on your credit, the property, and the program that fits your file.
A self-employed home loan built around real cash flow
If you own a business, work on 1099, freelance, or earn on commission, getting a mortgage when self-employed can feel like a maze of tax math. A bank statement mortgage replaces tax returns with 12 or 24 months of personal or business bank statements, giving a clear picture of what you actually earn. It’s a leading option for borrowers who’ve been told they don’t make enough “on paper.”
How a bank statement loan works
Instead of W-2s and filed returns, qualifying income is built by averaging the deposits across your bank statements. This is a no-income-verification approach in the traditional tax-return sense — but it’s fully documented through your real banking activity, so it satisfies ability-to-repay requirements while fitting how self-employed people are actually paid.
Program highlights
- Up to 90% financing on a purchase — as little as 10% down; cash-out refinancing also available
- Loan amounts up to $20,000,000 — from first homes to high-value and luxury properties
- Credit from the low-600s — you don’t need perfect credit; the best terms start around 680
- Qualify with 12 or 24 months of personal or business bank statements — no tax returns, no W-2s
- Higher existing debt is OK — we can work with more monthly debt than most banks allow (debt-to-income up to ~55%)
- Buy or refinance a primary home, second home, or investment property
All figures shown are maximums. Actual terms depend on your complete profile and are quoted per scenario.
Who a bank statement loan is for
- Self-employed business owners and sole proprietors
- 1099 contractors, gig workers, and freelancers
- Commission-based and seasonal earners
- Entrepreneurs and investors with strong cash flow but heavy write-offs
- Real estate investors qualifying on personal or business cash flow
No tax returns required — a quick soft credit check is all it takes to get started.
Bank statement loan FAQs
How do I get a mortgage when I’m self-employed?
Most self-employed borrowers qualify through a bank statement loan, which uses 12 or 24 months of bank deposits to document income instead of tax returns. Business owners, contractors, and freelancers can qualify on the income they actually earn rather than their write-off-reduced taxable income.
Can a self-employed person get a mortgage without tax returns?
Yes. A bank statement loan replaces tax returns with bank statements as proof of income, so you can finance a home without providing W-2s or filed returns.
Do lenders use gross or net income for self-employed borrowers?
On a bank statement loan, qualifying income is based on the deposits in your bank statements — adjusted for an expense factor where required — not the net income shown on your tax returns.
How many months of bank statements do I need?
Typically 12 or 24 months of personal or business bank statements, depending on the program and your profile.
What credit score do I need for a bank statement loan?
Programs are available with credit scores starting in the low-600s, with the strongest pricing and highest leverage generally available at 680 and above.
Ready to see what you qualify for?
How to Get a Mortgage When You’re Self-Employed: FAQs
Can a self-employed borrower get a mortgage?
Yes. Self-employed borrowers can qualify without traditional tax returns by documenting cash flow through bank statements, a profit-and-loss statement, or assets. The loan is built around the income your business actually generates — not just what shows on a W-2.
How do you get a mortgage when you’re self-employed?
Instead of W-2s and full tax returns, qualifying income can be established from 12–24 months of personal or business bank statements, or a CPA-prepared profit-and-loss statement. This lets owners who write off significant expenses qualify based on real deposits and cash flow rather than net taxable income.
Do mortgage lenders use gross or net income for self-employed borrowers?
On a bank-statement program, qualifying income is typically derived from your deposits with an expense factor applied — not the net figure from your tax returns. For business owners who deduct heavily, that often produces meaningfully higher qualifying income than a traditional net-income calculation.
How much can a self-employed borrower typically qualify for?
Loan amounts depend on documented cash flow, credit, down payment, and the property, with options available up to several million dollars for strong profiles. Each file is structured around the borrower’s actual numbers, so the qualifying amount reflects real income rather than a one-size-fits-all formula.