Are you self-employed, a real estate investor, or a gig worker tired of being turned down for mortgages just because your tax returns don’t reflect your true income? At Nonqmfunds.com, we get it. Traditional banks often make it nearly impossible for self-employed borrowers to qualify for a mortgage – but with our Bank Statement Mortgage program, you can finally buy or refinance your property based on what you actually earn, not what your tax return says.

What Is a Bank Statement Mortgage?

A Bank Statement Mortgage is a home loan designed specifically for self-employed borrowers, real estate investors, 1099 workers, freelancers, and gig workers. Instead of using tax returns, W2s, or complicated financial statements to prove your income, we qualify you based on your monthly bank statement deposits. That means your actual cash flow – not your adjusted gross income – determines what you can qualify for.

This is why Bank Statement Mortgages are also commonly called “No Tax Return Mortgages.”

Who Is a Bank Statement Mortgage For?

Our Bank Statement Mortgage program is perfect for:

• Self-employed borrowers with write-offs that reduce taxable income
• Real estate investors looking to expand their portfolio quickly
• 1099 contractors who can’t document income with W2s
• Gig workers and freelancers with consistent monthly deposits

If your tax returns don’t reflect your true earning power, a bank statement loan can unlock the homeownership or investment opportunities you deserve.

Why Choose Nonqmfunds.com For Your Bank Statement Mortgage?

Here’s what makes our program stand out:

• Faster Approvals: Get approved without the delays of traditional underwriting.
• Higher LTVs: Finance up to 90% for purchases and up to 80% for cash out refinances.
• No Tax Returns Required: Qualify with 12 months of personal or business bank statements only.
• No 4506T, K1’s, or P&L’s: We keep it simple.
• No Mortgage Insurance: Even with high LTVs, you save money monthly.
• No Reserves Required: If your LTV is 75% or less, we don’t require reserves.
• Flexible Property Types: Purchase or refinance primary homes, second homes, or investment properties.
• Nationwide Lending: Available in all 50 states.

Program Highlights

• Loan Amounts: From $50,000 up to $4,000,000
• Credit Score: Minimum 600
• LTV: Up to 90% purchase / up to 80% cash out refinance
• Documentation: 12 months bank statements (personal or business)
• Eligible Properties: Primary residences, second homes, and investment properties
• Experience: 20+ years in the industry with over $11 billion funded

How Does a Bank Statement Mortgage Work?

Instead of requesting your tax returns or W2s, our underwriting team calculates your qualifying income based on your average monthly deposits over the past 12 months. Here’s how simple it is:

1. Submit 12 months of personal or business bank statements.
2. We average your monthly deposits to determine income.
3. No tax returns, 4506T forms, K1’s, or P&Ls are needed.
4. Get your approval fast and move forward with confidence.

We know your deposits tell the real story of your income. Our bank statement program respects that.

Success Story: Gig Worker Approved with Bank Statements Alone

At Nonqmfunds.com, we recently helped a gig worker who was denied a mortgage by her local bank due to her income being from multiple gig sources. Using ONLY her bank statements, she was approved quickly and closed on her new home without any tax returns or additional documentation. That’s the power of a Bank Statement Mortgage.

Why Traditional Mortgages Don’t Work for Many Self-Employed Borrowers

If you’re self-employed, you already know the problem: you might earn $10,000+ per month, but after business deductions and tax write-offs, your tax returns only show $30,000 for the year. Traditional banks underwrite based on that adjusted gross income – leaving you unable to qualify for the home you want.

With our Bank Statement Mortgage program, that ends. We look at your real deposits – giving you credit where it’s due.

Frequently Asked Questions About Bank Statement Mortgages

What’s the minimum credit score required?

Just a 600 minimum FICO is needed to qualify for our program.

Do I need to show reserves?

No reserves are required if your LTV is 75% or below. For higher LTVs, some reserve requirements may apply.

Can I use business bank statements?

Yes, you can use 12 months of personal or business bank statements to qualify.

Is mortgage insurance required?

No, our Bank Statement Mortgage program does not require mortgage insurance, even with higher LTVs.

Do you lend in my state?

We lend nationwide in all 50 states.

Get Started Today

Stop letting traditional underwriting hold you back. Unlock the home or investment property you deserve with our Bank Statement Mortgage program.

Ready to qualify based on what you truly earn?

Or contact us at fund@nonqmfunds.com for any questions.

Why Choose Nonqmfunds.com?

• 20+ years helping self-employed borrowers and investors
• Over $11 billion funded to date
• Friendly, conversational service that understands your unique situation

We’re here to make your mortgage journey simple, fast, and stress-free.