Minimum down payment
Typically 10% to 20% of the purchase price. The exact minimum depends on the lender and whether the loan is conforming or jumbo, and some programs go lower for strong files.
Loan Program · Bank Statement · NMLS #278947
Bank statement loans: your income, documented your way.
A bank statement loan lets self-employed buyers qualify using 12 to 24 months of business bank statements instead of tax returns. If the income actually lands in your account, we can usually make it count.
Freelancers, LLC owners, and small business operators qualify more often than they think. I have been placing self-employed files for over two decades, and matching your deposit pattern to the right lender is where the deal gets done.
Statements needed
12-24 months
Typical down payment
10-20%
Typical credit score
620+
2026 Loan Limits
The 2026 numbers, county by county.
Bank statement loans are non-QM products without a government loan limit. Lenders set their own maximums, and the 2026 conforming limit is the pricing reference:
County 2026 Limit
Clark County, WA $832,750
Multnomah County, OR $832,750
Washington County, OR $832,750
Clackamas County, OR $832,750
Bank statement loans are available at conforming sizes up to $832,750 and as jumbo loans above it. Each lender sets its own maximum, and I match your loan size to the programs that write it.
Minimum Credit Score & Down Payment
What it takes to qualify.
Minimum credit score
Most bank statement lenders look for a 620 credit score or higher, with 660 to 680 common for jumbo sizes. Guidelines vary by lender, so I shop your file across the wholesale market.
Statements
Usually 12 or 24 months of personal or business bank statements. The lender averages the qualifying deposits to build your income number.
Deposit calculation
Lenders count qualifying deposits and often exclude large one-time transfers. I prepare your file so the income reads clean.
Rates and terms
Bank statement programs price above conforming loans, and the spread narrows with a strong file. With 170+ lenders competing, I find the sharpest pricing available.
FAQ · Bank Statement
Questions buyers ask.
The questions people type into Google and AI before they call. If yours is not here, that is what the first call is for.
01 How many months of bank statements do I need for a mortgage?
How many months of bank statements do I need for a mortgage?
Most bank statement programs use 12 to 24 months of statements. The lender averages the qualifying deposits to build your income number.
02 What credit score do I need for a bank statement loan?
What credit score do I need for a bank statement loan?
Most programs look for 620 or higher, with higher scores unlocking better pricing and more lender options.
03 How much down payment does a bank statement loan need?
How much down payment does a bank statement loan need?
Typically 10% to 20%, depending on the lender and the loan size. Some programs go lower for strong files.
04 Can I use a bank statement loan if I just started my business?
Can I use a bank statement loan if I just started my business?
Most lenders want to see an established pattern, usually two years of deposits. If your business is newer, I can tell you which programs will consider it after a quick look at your statements.
05 Do bank statement loans have higher rates?
Do bank statement loans have higher rates?
They price above conforming loans because the lender takes on more risk, but the spread varies a lot by lender. With 170+ lenders competing for your file, I find the sharpest pricing available.
Let's check your numbers.
Your income is real, and the right lender will read it that way. Book a call and we will look at your statements together.
Loan limits, credit requirements, and program guidelines are set by the agencies and by each lender, and they change every year. The numbers on this page are the 2026 figures as published. Jeff verifies the current limits and requirements against your exact situation before you build a plan.