How do I get a bank statement loan in Texas?
To get a bank statement loan in Texas, you'll work with Marcus Hayes (NMLS NMLS #512847), a loan officer individually licensed in Texas. A bank statement loan is a mortgage for self-employed borrowers that qualifies income using business or personal bank statement deposits in place of tax returns. Mortgage Go originates bank statement loans through licensed loan officers in the states where each officer is individually licensed.
Key facts
- Income documentation
- Bank statements in place of tax returns
- Statement period
- 12 or 24 months (program-dependent)
- Minimum credit score
- Placeholder — pending compliance
- Down payment
- Placeholder — pending compliance
Frequently asked questions
What is a bank statement loan?+
A bank statement loan qualifies a self-employed borrower using deposits across personal or business bank statements, instead of using tax returns to calculate income.
Do I still need good credit?+
Yes. Bank statement programs still evaluate credit, assets, and the property. Specific qualifying thresholds are pending compliance sign-off.