No W-2? No Problem. Let’s turn your deposits into keys. 🗝️
Business owners, side hustlers, and 1099 earners — this one’s for you.
If you’ve ever felt like your dream of homeownership is just out of reach because you don’t have a traditional 9-to-5 or a tidy W-2 at the end of the year — take a deep breath. There’s another way. 👇
📌 Let’s Talk About Bank Statement Loans
If you’re self-employed, a freelancer, contractor, or running your own business, your tax returns probably don’t tell the whole story. With all the write-offs and deductions (totally legal and smart, by the way), your reported income can look way smaller than what’s actually hitting your bank account each month.
That’s where Bank Statement Loans come in. 💡
🔍 What is a Bank Statement Loan?
It’s exactly what it sounds like — a mortgage that uses your bank statements to determine your income, rather than your tax returns or W-2s. Lenders look at your actual deposits to understand what you’re really earning.
So if you’re making good money but writing off a lot to reduce your tax burden (smart business move!), this type of loan might be the golden ticket you’ve been waiting for. 🏡
âś… Who Can Qualify?
More people than you think. You might be a great candidate if:
You’re self-employed or own a small business
You earn 1099 income from contract work, gig jobs, or freelancing
You’ve got steady deposits coming into your bank account
Your tax returns don’t reflect your real income
Whether you’re a realtor, a rideshare driver, a content creator, or a small business owner — if you’ve got proof of income through bank deposits, you might be closer to a mortgage than you think.
đź’¬ Sound Like You?
Drop a “STATEMENT” in the comments 👇 and I’ll walk you through the process step-by-step. No pressure. Just answers.
And hey — even if this isn’t your situation, you probably know someone this could help. Share this with them. They’ll thank you later. 🙏
✨ Pro Tip:
You don’t have to figure this out alone. A good mortgage pro (👋) can help you explore all your options — Bank Statement Loans included — to get you on the path to homeownership your way.