Bank Statement Mortgage Loans in Florida: Built for Self-Employed Borrowers
Buy a home or grow your portfolio using your cash flow instead of your tax returns. Our Non-QM Bank Statement Loans make income verification simpler for self-employed professionals, so you qualify based on your deposits.
Why do lenders keep saying no to self-employed people?
If you're self-employed, an independent contractor, or paid on commission, tax deductions are part of running a smart business. The catch is that those same deductions often shrink your reported taxable income to the point where a traditional (QM) mortgage is off the table.
The Bank Statement Loan Program is a Non-Qualified Mortgage (Non-QM) solution designed to look past the line items on your 1040 and assess your true borrowing capacity based on your actual cash flow through bank deposits.
Who is This Program For?
- Self-Employed Individuals and Business Owners
- Borrowers who receive 1099 Income
- Professionals with high commission income
- Those who file extensive business deductions
- Real estate investors with complex financial structures
What do I show instead of tax returns?
INSTEAD OF:
- Two years of Personal Tax Returns (1040)
- W-2s or Pay Stubs
- Schedule C or K-1 forms
WE USE:
- 12 or 24 Months of Bank Statements (Personal or Business)
How do you figure out what I earn?
How many months do you need?
Choose between 12 or 24 months of statements. A longer period may provide a more stable average income.
What counts from my business account?
If using business accounts, lenders often apply a 50% expense factor, recognizing half of the gross deposits as income. Some programs use a lower factor backed by a CPA or tax preparer letter.
What about my personal account?
If using personal accounts, a 100% factor of qualified deposits may be applied, resulting in higher recognized income.
How is my income actually calculated?
We sum the qualified deposits and divide by the number of months to establish your verified monthly income for DTI.
What do I need to qualify?
What can I buy or refinance?
This flexible program is perfect for all real estate needs:
- Primary Residence: Purchase or Refinance your main home.
- Second Home: Perfect for a vacation property.
- Investment Properties: Including 1-4 unit multi-family homes.
- Loan amounts up to $5,000,000 through select programs, for high-value properties.
Requirements at a glance
Typical ranges from the programs we place (each lender sets its own):
Credit Score
Often 640+
Down Payment
From 10%
Max LTV
Up to 90%
Loan Amounts Up To
$5M
Tired of Tax Return Obstacles?
Let AAA Capital Funding turn your business success into borrowing power.
Our team specializes in Non-QM underwriting and will guide you through the Bank Statement process quickly and efficiently.
Verify Your Income with Bank Statements
Contact Jason J. Sarji and the Team Today: 888-601-8344 | 954-390-7994 | NMLS #374739.
Want to know what you qualify for?
One call, under ten minutes, no application and no credit pull. We'll run your real numbers and show you what you qualify for and what the payment comes to.
AAA Capital Funding, Inc. · NMLS #374739 · Jason J. Sarji, NMLS #374700