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Bank Statement Program

A bank statement program allows self-employed individuals or those with non-traditional income to qualify for a mortgage based on bank statements instead of standard income verification.

Key Aspects of the Bank Statement Program:

  • Alternative Income Verification: Instead of tax returns, lenders evaluate 12–24 months of bank statements to assess income stability.

  • Ideal for Self-Employed Borrowers: Supports those in freelance, gig, or contract work where income may vary monthly.

  • Flexible Qualification Criteria: Allows borrowers without standard income documentation to access mortgage financing.

Overall, bank statement programs offer an accessible path to homeownership for self-employed and freelance individuals.

To learn about which lenders offer the bank statement program, read our Lender Reviews.


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