Mbanc's actual Non-QM underwriting math, run on inputs you type in. No uploads, no credit pull, no tax returns. The same deposit factor, LTV grid, and DTI ceiling your Principal Banker would use on a real file — in under 30 seconds.
Pick the tab that matches how you earn. Get a real estimate in 30 seconds — built on the same Non-QM math our Principal Bankers use when you call. No tax returns, no uploads, no credit pull.
Bank statement income is calculated two ways depending on how you document your business expenses. The calculator above uses Method 1 (fixed 50% expense factor) by default. A Principal Banker can route you to Method 2 (CPA-attested expense letter) for a higher qualifying number if your CPA can provide it.
The standard path for business bank statements. Mbanc takes total deposits, multiplies by your ownership percentage, and reduces by a fixed 50% expense factor to estimate your true business income.
Best for: Most self-employed borrowers. No CPA letter required.
If your CPA, Enrolled Agent, or licensed tax preparer provides a signed expense ratio letter attesting to your actual business expenses, that ratio replaces the default 50% — with a 10% floor.
Best for: Service businesses (consulting, professional services) where actual overhead is below 50%.
A bank statement loan is a self-employed mortgage that qualifies you on the cash flow your business actually generates — not the income left over after tax deductions on your 1040. For business owners, 1099 earners, and high-net-worth borrowers, this is often the difference between qualifying for a mortgage that matches the home you want and being told "no" by a bank that can't read how you actually earn.
The mechanics are straightforward. Mbanc reviews 12 or 24 months of personal or business bank statements, identifies eligible deposits, and applies an expense factor to estimate your real net income. The result is your qualifying monthly income. That income then has to clear a debt-to-income (DTI) ceiling of 50%, and the loan size has to fit within Mbanc's LTV grid based on your credit score and the property value.
Why the 50% expense factor exists. When a bank looks at your tax return, your taxable income is already net of every legitimate business expense you wrote off — vehicle depreciation, home office, equipment, payroll, the whole list. Smart tax strategy compresses your taxable income. That's good for taxes; brutal for mortgage qualification at conventional banks. Mbanc's 50% expense factor is a standardized estimate that adds back a normal slice of business overhead — closer to your actual cash flow than your tax return shows.
The three things that determine your maximum loan amount:
Your actual max loan amount is the lower of the DTI-based ceiling and the LTV-based ceiling. The calculator above shows both, side by side. For most Mbanc borrowers, the LTV cap is the binding constraint — Non-QM income calculations typically produce enough qualifying income that DTI is comfortable. But the calculator flags any case where DTI tightens, so there are no surprises later.
About the 8% rate this calculator uses. The Non-QM mortgage market moves with broader rate conditions, and over the last few weeks, rates have moved up roughly three-quarters of a percentage point. Rather than anchor to a specific rate that may be stale in a week, this calculator uses a flat 8% assumption — conservative enough that your real rate, determined at full underwriting, is typically lower. If you qualify at 8%, you qualify at the rate you'll actually get. If the math tightens at 8%, your Principal Banker can re-run the file at today's actual rate and often finds the headroom.
A Principal Banker will translate this into a real approval — in 60 seconds.
Bank Statement questions answered without jargon — the way a Principal Banker would walk you through them on a call.
Sixty seconds. No credit pull. A real number from the people who underwrite the loan.