Self-Employed and Bank Statement Loans
Own a business? Qualify with bank statements, not just tax returns.
See what I qualify forBusiness owners often write off a lot, which is smart for taxes and hard on a normal mortgage application. A bank statement loan lets self-employed borrowers qualify using deposits into their bank accounts instead of only tax returns and W-2s.
Is this a good fit for you?
- Business owners and 1099 earners
- Real estate agents, contractors and creators
- Borrowers whose tax returns understate cash flow
- Buyers who want a straight answer on their options
How it works with Dakotah
1. Look at the full picture
Dakotah starts with both paths, a regular loan with your returns and a bank statement loan, and tells you which makes more sense.
2. 12 or 24 months of statements
Bank statement programs use business or personal statements to estimate income.
3. Expect different pricing
Non-agency loans can price differently than conventional. She will be clear about the trade off.
4. Plan for reserves
Some programs ask for money left in the bank after closing.
What to have ready
- 12 to 24 months of bank statements
- Proof your business is active
- A CPA letter or business license if asked
- Photo ID
Do not have all of it yet? That is fine. Start the conversation and Dakotah will tell you exactly what she needs and when.
“I work with a lot of business owners and creators. If a bank told you no because of your write offs, call me before you give up.”
Dakotah Kutz, NMLS #1568471Why people choose Dakotah
Plenty of lenders can quote a rate. What clients talk about is the experience. Dakotah answers fast, explains each step in plain words, and keeps your agent in the loop so nobody is guessing. When a file gets complicated, a job change, a gift, a tricky appraisal, she finds a way through it instead of handing you a list of reasons it will not work.
She also looks past the first loan. If an FHA loan gets you in the door today, she will tell you when a refinance might make sense later. If you are buying a rental, she thinks about the next one too. That long view is why so many of her clients come back and send their friends.
Try Loan Match
Not sure this is the one? Answer six quick questions and see which programs line up for you.
Tap your answers and your best fit loans show up here.
Questions people ask
Do I need tax returns at all?
For bank statement programs, often not. A conventional loan will use them.
How long do I need to be self-employed?
Usually two years, sometimes less with history in the same line of work.
Can I use this for an investment property?
Some programs allow it. Ask Dakotah about your plan.
Other loans to compare
Dakotah explains it in a minute.
From her TikTok, where she breaks this down for 46K followers.
Talk to Dakotah about self-employed and bank statement loans.
She will look at your full picture and tell you straight if this is the right program.