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NON QM - 12-24 MONTH BANK STATEMENT LOAN
LIQUIDATE EQUITY & REINVEST
CASH OUT AND RATE & TERM REFI'S
NON QM; 12-24 MONTH BANK STATEMENT
No Tax Returns. No W-2s. No Paystubs.
12–24 Months of Bank Statements Replace the Paperwork
What Is a Bank Statement Loan Program?
A Bank Statement Loan Program allows borrowers to qualify using personal or business bank statements instead of traditional income documents like W-2s or pay stubs. This program is especially helpful for self-employed borrowers, business owners, and independent contractors whose income doesn’t fit neatly into conventional lending guidelines.
Rather than relying solely on tax returns, lenders review bank statement deposits, cash flow, and recurring expenses—such as leases, utilities, and other obligations—to determine a borrower’s ability to repay. These loans fall under Non-QM (Non-Qualified Mortgage) guidelines, which offer more flexibility for complex income scenarios.
How Bank Statement Loans Differ from Conventional Loans
Conventional vs. Bank Statement
Conventional mortgage loans follow strict government-sponsored underwriting standards and typically require:
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W-2s
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Pay stubs
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Tax returns
For many self-employed borrowers, these requirements don’t accurately reflect true earning power.
Bank Statement Loans, on the other hand, are designed to evaluate real-world income patterns, making them an excellent alternative for borrowers who may not qualify under conventional guidelines but are financially strong.
Who This Program Is For
This loan option may be ideal if you:
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Are self-employed or own a business
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Receive income through deposits rather than payroll
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Write off expenses that reduce taxable income
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Have strong, consistent cash flow
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Don’t qualify under conventional loan guidelines
If traditional lenders don’t understand your income, this program was built for you.
How Income Is Reviewed
Rather than focusing on tax documents, lenders review:
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Consistent monthly deposits
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Cash flow trends over 12–24 months
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Business and personal account activity
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Recurring obligations and expenses
This approach provides a more realistic view of your ability to repay, especially for borrowers with complex income streams.
Loan Highlights
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No tax returns required
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No W-2s or paystubs
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12–24 months of bank statements used for qualification
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Primary residence, second homes, and investment properties may be eligible
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Fixed-rate and adjustable-rate options available
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Refinances and cash-out options may be available
Program guidelines vary by lender and borrower qualifications.
Why Work With Real On Rise Capital Inc.
As an independent mortgage brokerage, Real On Rise Capital Inc. works with multiple wholesale lenders to find loan options that align with your financial goals.
We take the time to understand your income, review your options, and guide you through the process from application to closing — clearly, professionally, and without pressure.
Nationwide Investment Property Financing
This Bank Statement Loan Program can be used to purchase investment properties in 44 states nationwide, making it a powerful option for self-employed real estate investors who don’t qualify under traditional income documentation requirements.
By using 12–24 months of bank statements instead of tax returns, W-2s, or paystubs, investors can qualify based on real cash flow while continuing to grow their portfolios.
Whether you’re purchasing your first investment property or expanding an existing portfolio, this program offers the flexibility needed to compete in today’s market.
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LOAN DOCUMENT SUBMISSION
CHECK LIST
Use this checklist to gather the documents needed to apply for a Bank Statement Loan. Requirements may vary by lender and state.
01
1003 APPLICATION
COMPLETE 1003 APPLICATION, UPLOAD ALL REQUIRE SUBMISSION DOCUMENTS
03
INCOME INFORMATION
12-24 MONTHS BANK STATEMENTS, BUSINESS ENTITY DOCUMENTS, CPA LETTER, ETC.
02
PERSONAL INFORMATION
PHOTO ID, SOCIAL SECURITY OR PASS PORT,. CREDIT REPORT AUTHORIZATION FORM, PULL CREDIT REPORT
04
PROPERTY INFORMATION
PURCHASE CONTRACT OR MORTGAGE STATEMENT, TAX CERTIFICATE, INSURANCE INVOICE OR RECEIPT, HOA QUESTIONNAIRE (if applicable)
BANK STATEMENTS BUILD YOUR PORTFOLIO