Best Bank Statement Lenders for Real Estate Investors (2026)
Non-QM loans that use 12–24 months of bank statements instead of tax returns to verify income. Designed for self-employed investors and business owners whose tax returns understate their actual income.
Typical Rates
7.0%–9.5%
Max LTV
75%–80%
Typical Terms
30-year fixed or ARM
Min Credit
660–700
What Are Bank Statement Loans?
Bank statement loans solve a real problem for entrepreneurial real estate investors: your tax returns make it look like you earn less than you actually do. As a business owner, you rightfully deduct expenses, depreciation, and retirement contributions — but those deductions reduce your qualifying income on paper. Bank statement loans bypass tax returns entirely, using 12–24 months of business or personal bank deposits to calculate your income. For self-employed investors who know they can afford the payment but can't prove it with Schedule C, this product is a game-changer.
Who Are Bank Statement Loans Best For?
- Self-employed investors and business owners
- Investors who maximize tax deductions (write-offs reduce taxable income)
- Borrowers whose tax returns don't reflect their true cash flow
Pros & Cons
Pros
- +No tax returns required
- +12 or 24-month bank statements prove income
- +Self-employed income calculated more favorably
- +Available for both primary residence and investment properties
Cons
- –Higher rates than conventional (1–3% premium)
- –Requires consistent deposits over 12–24 months
- –Higher credit score requirements
- –Not all lenders offer investment property bank statement programs
Best Bank Statement Lenders (3)
These lenders offer bank statement loans, ranked by our editor rating. Click any lender for a full review with detailed terms and expert analysis.
| Lender | Rates | Max LTV | Min Credit | Speed | Best For | Rating |
|---|---|---|---|---|---|---|
| Angel Oak Mortgage Solutions | 6.5%–9% | 80% | 660 | 21–30 days | Self-employed investors, Bank statement borrowers | 4.1 |
| Griffin Funding | 6.5%–9% | 80% | 620 | 21–30 days | Self-employed investors, Bank statement borrowers | 4.0 |
| Defy Mortgage | 6.5%–9% | 80% | 620 | 21–30 days | Airbnb/STR investors, Self-employed investors | 3.9 |
Angel Oak Mortgage Solutions
4.1Angel Oak Mortgage Solutions is a leading non-QM lender offering DSCR, bank statement, and investor cash flow loans. One of the largest non-QM originators in the country with a wide broker network.
6.5%–9%
80%
660
21–30 days
$100K–$3M
No experience required
Griffin Funding
4.0Griffin Funding is a mortgage lender specializing in non-QM products for investors, including DSCR, bank statement, and asset-based loans. Strong option for self-employed borrowers and investors with complex income situations.
6.5%–9%
80%
620
21–30 days
$100K–$5M
No experience required
Defy Mortgage
3.9Defy Mortgage is a non-QM lender offering DSCR, bank statement, and asset depletion loans for real estate investors. Known for aggressive marketing and competitive rates on non-QM products.
6.5%–9%
80%
620
21–30 days
$100K–$3M
No experience required
Frequently Asked Questions About Bank Statement Loans
How do bank statement lenders calculate my income?
Lenders total your deposits over 12 or 24 months of bank statements, then apply an expense factor (typically 50% for business accounts, meaning they count 50% of deposits as income). Personal bank statements may use a higher income percentage. The calculated income is then used in a standard DTI calculation.
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