The free checklist Houston business owners use to prepare for a bank statement mortgage.
You earn good money. Your bank account proves it. But when you sit down with a lender, your tax returns tell a different story.
Traditional mortgage lenders calculate your income from your tax returns. If you are self-employed and write off business expenses, your taxable income looks lower than what you actually take home. That gap between your real cash flow and your reported income is exactly where most self-employed borrowers get stuck or get denied.
You are not alone. Millions of business owners, contractors, and freelancers run into this same wall every year.
Bank statement loans solve this problem. Instead of using your tax returns, these programs qualify you based on your actual bank deposits over the past 12 to 24 months. Your deposits show what you really earn, and lenders who offer bank statement loans are set up to count that income.
This free checklist walks you through every step of preparing for a bank statement mortgage:
Most borrowers already have 80% of what they need. The checklist shows you what is missing.
Bank statement loans use different qualification criteria than the traditional mortgage that denied you. If your bank deposits show consistent income over the past 12 to 24 months, you may qualify even if your tax returns kept you from approval elsewhere.
The minimum credit score for most bank statement loan programs is 620, not 740. If you are above 620, you are in range. If you are close, a short conversation with Brandon can tell you exactly where you stand and what your options are.
No. Programs are available with as little as 10% down. Down payment requirements vary by program, property type, and credit profile, but 20% is not the floor.
Start with the checklist. It breaks the entire process into simple steps you can check off one at a time. If you still have questions, one 15-minute call with Brandon answers the rest.
A Houston nail salon owner applied for a $250,000 mortgage through a traditional lender and was denied. Her tax returns showed a fraction of what her business actually earned.
Brandon helped her apply through a bank statement loan program instead. The lender reviewed 12 months of her business deposits, calculated her qualifying income from those deposits, and approved her for $300,000.
Same borrower. Same income. Different documentation. Different result.
You have the checklist. Now take the next step toward your mortgage approval.
Call Brandon directly at 832-997-1527
Prefer to schedule a time? Book a free 15-minute call