Bank Statement Loans for Self-Employed Borrowers in Lewisville, TX

Liberty Home Mortgage helps self-employed borrowers in Lewisville (75056) and Denton County explore bank statement loan options when tax returns do not show full cash flow due to business deductions (program dependent). These Non-QM programs may allow qualifying income to be reviewed using 12 or 24 months of bank statements, depending on the lender and the borrower’s profile.

Proudly serving Lewisville (75056), Denton County, and borrowers across Texas.

✅ Apply Now • 📞 Phone & Text: 713-955-4685 • ✉️ info@libertyhomemortgage.com

What a Bank Statement Loan Is

A bank statement loan is a mortgage option that may allow qualifying income to be based on business or personal bank statements over a set period (often 12 or 24 months), instead of full tax returns (program dependent). Underwriting typically reviews consistent deposits, business type, expense factors, credit, down payment, and reserves.

Program guidelines vary by lender. All loans are subject to underwriting approval.

Common Program Highlights

Exact terms vary by lender and scenario. Many bank statement programs may include (program dependent):

• 12 or 24 months of bank statements used for income review (program dependent)
• Business or personal statements depending on the lender’s method
• An expense factor or approved calculation method to estimate usable income
• Purchase, rate-and-term refinance, and cash-out scenarios depending on the lender and Texas rules (program dependent)
• Credit score, down payment, and reserve requirements that vary by lender

Who This Loan May Be For

• Business owners and self-employed borrowers
• Contractors and 1099 earners with steady deposits
• Borrowers with large tax deductions or write-offs
• Borrowers with variable or seasonal income (program dependent)
• Borrowers who want a common-sense cash flow review using deposits

What You Can Use Bank Statement Loans For

• Home purchase
• Rate-and-term refinance
• Cash-out refinance when allowed and structured correctly under Texas rules (program dependent)

Common Documentation (Simple Checklist)

• 12 or 24 months of personal or business bank statements (program dependent)
• Short business explanation (what you do and how you get paid)
• Business documents if applicable (license, EIN, or entity paperwork)
• Housing history, credit review, and standard underwriting documentation
• Assets for down payment and reserves (as required by the lender)

How Bank Statement Income Is Calculated

In simple terms, the lender reviews your deposits and applies an expense factor or other approved method to estimate usable income (program dependent). This approach often works well when tax returns show lower income due to deductions.

We explain the lender’s calculation method up front so there are fewer surprises during underwriting.

Important Notes

Bank statement loans are not Conventional, FHA, or VA loans. They are alternative documentation programs and may have different rate, down payment, reserve, and underwriting requirements (program dependent).

All loans are subject to underwriting approval and lender program guidelines.

Here are related loan programs you can compare (eligibility and program rules apply):

Frequently Asked Questions

Do I need tax returns for a bank statement loan?

Many bank statement programs do not require full tax returns, but requirements vary by lender and scenario (program dependent).

Do lenders use business statements or personal statements?

It depends on the program. Some lenders review business statements, some review personal statements, and some allow either depending on your business type and documentation (program dependent).

How many months of statements do I need?

Many programs use 12 or 24 months, depending on the lender and your profile (program dependent).

Can I do a purchase or refinance with this program?

Often yes. Many lenders allow purchase and refinance options, including cash-out when allowed and structured correctly under Texas rules (program dependent).

How do I start?

Apply online or call or text us. We’ll review your goal and provide a simple checklist for the lender (program dependent).

Get a Bank Statement Loan Quote

Tell us your goal—purchase, refinance, or cash-out—and your property city. We will provide a simple checklist and explain the best bank statement loan option for your situation (program dependent).

📞 Phone & Text: 713-955-4685
✉️ info@libertyhomemortgage.com
🌐 www.libertyhomemortgage.com
✅ Apply Now

Equal Housing Lender 🏠⚖️
Company NMLS: 321164 • Aslam Mansoor NMLS: 184238
Liberty Home Mortgage • 4400 State Hwy 121 STE 300 • Lewisville, TX 75056

All loans are subject to underwriting approval and credit review. Some restrictions may apply. Programs, rates, and terms are subject to change without notice.