A Solution for the Self-employed.
Perfect loan program for self-employed borrowers that have challenges proving income with full documentation. Utilizing your bank statement helps eliminate using your tax returns, making the entire process much simpler!
Qualify with bank statements
With multiple income calculation methods, OptionOne helps self-employed borrowers maximize business earnings to qualify for our industry-leading bank statement program. Own multiple businesses? No problem. We can even include a spouse's W2 income if needed — no tax returns required.
No Tax Returns Required
Qualify using bank statements instead of W-2s or tax returns.
Loan Amounts Up to $3,500,000
Substantial financing power for primary residences, second homes, and 1–4 unit investments.
Include Spouse's W2 Income
Combine business income with spouse's W2 earnings — no tax returns needed for either of you.
Bank Statement loan details.
Bank Statement Program
Qualify using 12- or 24-month bank statements · no tax returns required.
Qualification Details
- Credit Score 660+ FICO
- Max LTV 90% LTV (10% down)
- Loan Limit Up to $3,500,000
- Documentation 12 or 24 mos personal/business statements
- Term 15, 30 yr fixed or ARM
Income & Property
- No tax returns or W-2s required for qualifying business owners
- Spouse's W-2 income can be combined if needed
- Owner-occupied, second homes, and 1–4 unit investment properties
- Alternative income calculation methods to maximize your buying power
- Perfect for self-employed borrowers, freelancers, and business owners
Frequently asked questions.
Bank statement loans use 12–24 months of personal or business bank statements to calculate qualifying income. Instead of tax returns, lenders average your monthly deposits to determine your income. This is ideal for self-employed borrowers who write off significant business expenses.
Both programs require a minimum FICO score of 660. Higher credit scores may qualify for better rates and terms.
Absolutely. Our Bank Statement programs cover primary residences, second homes, and 1–4 unit investment properties. Whether it's a beachfront retreat or a mountain cabin, you can qualify without tax returns.
Yes. We can include a spouse's W2 income alongside your self-employed income — no tax returns required for either of you.
No problem. We can combine income from multiple businesses using bank statements or P&L statements from each entity.
Ready to qualify without tax returns?
Soft credit pull only. Talk to a self-employed specialist today.