top of page
Image by Etienne Martin

Bank Statement Loan

With a bank statement loan — also known as a stated income loan≈you won’t need to provide your lender with some of the typical financial documents needed for a mortgage, such as W-2s and tax returns. Instead, you’ll use bank statements to prove income. This can be helpful if your income is inconsistent, your employer doesn’t issue traditional paychecks or you claim significant tax deductions. This might apply if you’re a doctor, lawyer or real estate agent, for instance.

bottom of page