If your tax returns don't show what you really earn because of write-offs, bank-statement and alternative-income loans can help.
A good fit for
- Business owners
- 1099 contractors and freelancers
- Borrowers with strong deposits but low taxable income
How it works
- Income can be calculated from 12–24 months of bank statements
- Other options use a CPA-prepared profit and loss statement
Keep in mind
- These are non-QM loans, so pricing and down payments are usually higher than conventional
- Some self-employed borrowers still qualify conventionally — we'll check both
Is a Self-Employed Loan right for you?
Every lender's guidelines differ — Chip will shop them for you.
Related loan options
This page is general education, not a loan offer or commitment. Terms, eligibility and availability vary by lender and change over time.