01
Your goal
The home or property you have in mind and the timing you’re working toward.
Self-employed · Loan guide
Bank statement loans.
Start with your situation.
An alternative documentation path using bank statements to review qualifying income.
How this program works
What changes the fit.
Utah and Idaho cities on this desk use the same person and a program that has to match the house.
Bank-statement loans are for self-employed borrowers whose tax returns do not show the cash the business produces. Lenders typically look at 12 or 24 months of statements. Deposits are not all income. Transfers between your own accounts, and large one-time deposits, get questioned.
Personal statements and business statements are calculated differently, usually with an expense factor on the business side. Start this before you are under contract in Lehi or Boise. A pre-approval that names the deposits being used is more useful than a tax-return loan you already know will not qualify.
Who this may fit
Self-employed buyers with income reflected in bank deposits.
What to discuss
- Personal or business statements
- Review eligible deposits and business expenses
- Understand documentation requirements early
From an option to a plan
Three things to bring.
A first conversation can help you understand the details before a full application.
02
Your income picture
How you earn, what documentation you have, and the monthly payments already in your budget.
03
Your funds
The down payment, reserves, and closing-cost budget you want to work with.
Program availability, terms, and eligibility depend on the lender and your complete application. This overview is not a commitment to lend.
A real person. A clear next step.
Let’s talk about Bank statement.
Bring your questions and the numbers you’re working with. Brandon will help you understand the options and decide what comes next.
Brandon MaughanUtah & Idaho · 8am–8pm MT
Keep the comparison open