Bank statements, not tax returns. 12 months of deposits beats 2 years of write-offs every time.
12–24 months of deposits instead of tax returns. Personal or business accounts. No W-2s required.
→ Business OwnersCPA-prepared profit and loss instead of tax returns. Works even for newer businesses.
→ High Net WorthQualify on liquid assets, savings, stocks, retirement accounts, with zero income docs.
→ Best RatesIf you have 2+ years of filed returns showing strong income, conventional gives the lowest rates available.
→Banks use your tax returns. Your tax returns show write-offs. Write-offs reduce your income on paper. We skip all that, bank statements show us the real picture, and that's what gets you approved.
Get Pre-Qualified →We approve on real earning power, not what your CPA shows the IRS.
Seasonal or fluctuating income. We look at 12–24 month trends, not last month's number.
No P&L, no complicated business docs, no 2-year tax history. Just 12–24 months of statements.
Loan officers who work exclusively with self-employed borrowers. We know exactly how to present your file.
Use 12–24 months of bank statements instead of tax returns. Perfect for high earners with significant write-offs. Personal or business statements accepted. No tax returns required.
If you've been self-employed 2+ years with strong documented income, traditional conventional financing gives you the best rates available, down to 3% down payment.
Use a CPA-prepared profit and loss statement instead of tax returns. Ideal for business owners with clean books. Great for newer businesses under 2 years old.
Qualify based on liquid assets, savings, stocks, retirement accounts, without income documentation. Perfect for investors and high net worth individuals with low paper income.
"Wells Fargo and Chase both rejected me. My tax returns showed $42k after write-offs but I actually deposit $9k/month. Bedrock Mortgage used 24 months of bank statements and approved me for $465k. Finally a lender who understands how 1099 income actually works."
"Traditional lenders wanted 2 years of steady W2s. Bank statement loan looked at my 12-month average. Got approved for $340k. Put down 10%, rate 6.375%. Not the lowest but I'm self-employed, I'll take it."
"My CPA shows $38k taxable income but my business deposits $180k+ annually. Bedrock Mortgage used my deposits, approved me for $520k. Finally got the house I actually deserve for what I actually make."
Depends on the program. Bank statement loans need 12–24 months of statements. P&L programs need a CPA-prepared profit and loss. Conventional needs 2 years of complete tax returns with Schedule C.
Bank statement and P&L programs can work with just 12 months of self-employment. Consistent deposits and a solid track record help. Previous W-2 experience in the same field can also help.
Typically 0.5–1.5% higher than conventional due to alternative documentation. For most self-employed borrowers, qualifying based on real income far outweighs the slight rate premium.