Bank Statement Loans
Income verification through bank deposits for self-employed borrowers
Self-employed borrowers often show lower income on tax returns due to legitimate business deductions — making it difficult to qualify through traditional channels. Bank statement loans use 12-24 months of personal or business bank statements to calculate qualifying income based on actual deposits.
Who This Is For
Self-employed business owners, freelancers, and independent contractors
Borrowers whose tax returns understate actual earning capacity due to business write-offs
Gig economy workers and 1099 earners with strong bank deposit history
Entrepreneurs and small business owners with at least 2 years of self-employment history
Requirements
How Sofla Helps
Our AI qualification engine handles the heavy lifting so you can focus on closing.
AI calculates qualifying income by analyzing average monthly deposits across your bank statement period — the same way lenders do
Document checklist is tailored for bank statement programs: statements, business license, CPA letter, and P&L requirements
Score engine accounts for self-employment income variability and adjusts qualification confidence accordingly
Routes to lenders specializing in non-QM bank statement programs with competitive rates for strong borrower profiles
Get Qualified for Bank Statement Loans
A few questions. A real score. The exact document list for your loan type.
Start Qualification