Expert non-QM mortgage insights for self-employed borrowers, real estate investors, and high-net-worth buyers. Market updates, borrower guides, and strategies from America’s #1 consumer-direct non-QM lender.
Frequently Asked Questions Can my CPA reduce my expense ratio below 30% for a bank statement loan? Quick Answer: Some programs accept expense ratios as
Frequently Asked Questions How do lenders verify that bank statement deposits are from my business? Underwriters review deposits for consistency with documented business activity. Deposits
Frequently Asked Questions Why do conventional banks make it so hard for me as a self-employed person to get a mortgage? Conventional mortgage guidelines require
Frequently Asked Questions I’m a self-employed electrician — why did the bank decline my mortgage when I earn good income? Conventional banks qualify income using
Frequently Asked Questions Do I need tax returns for a bank statement mortgage? Quick Answer: No. A bank statement mortgage does not use your tax returns
Frequently Asked Questions What is the minimum credit score for a bank statement loan? Quick Answer: Most bank statement loan programs start at a minimum
Frequently Asked Questions What is the difference between a 1099 loan and a bank statement loan for independent contractors? A 1099 loan uses gross 1099-NEC
Frequently Asked Questions How is a bank statement loan different from a conventional mortgage? A conventional mortgage qualifies income using W-2s and tax returns —
Frequently Asked Questions Can I get a mortgage if my Schedule C shows $50,000 but I actually earned $150,000? Quick Answer: Yes. A bank statement
Frequently Asked Questions Have Non-QM mortgage options for self-employed trades workers actually improved in 2025 compared to prior years? Yes, meaningfully. Rate premiums have compressed
