Our Bank Statement Loan Rates Are Low & Our Process is Quick & Painless

If you're self-employed, traditional mortgages can be frustrating. Many lenders require tax returns, and if you maximize deductions or business write-offs, your reported income may not reflect what you actually earn. Honest Rate's bank statement loans let you qualify based on 12 - 24 months of actual bank deposits, helping you purchase or refinance a home at a higher loan amount.

Whether you're buying your first home, a second property, or an investment, our bank statement loans are fast, flexible, and personalized for self-employed borrowers.

Try our FREE Bank Statement Mortgage Qualifier.

We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.

Why Honest Rate is the Best Choice

• Quick approvals: Bank statement loans often close faster than traditional loans.

• Multiple lender partnerships: More options to find the best loan structure.

• Flexible documentation: Use personal or business bank statements, 12 or 24 months.

• Clear guidance: Expert advice every step of the way.

• Realistic underwriting: Bank statement loans often require less scrutiny than tax returns.

Here’s how our home loan process works:

• Complete our simple Bank Statement Mortgage Qualifier.
• Receive options based on your unique criteria and scenario
• Compare mortgage interest rates and terms
• Choose the offer that best fits your needs

Why Bank Statement Loans Can Be Better

• Maximize deductions: Keep tax write-offs while qualifying.

• Higher loan amounts: Bank statements show your true earning power.

• Faster underwriting: Often simpler than tax returns.

• Flexible options: 12- or 24-month statements, personal or business accounts.

Frequently Asked Questions

What bank statements are required?
12 or 24 months of personal or business bank statements.

Can I refinance my existing mortgage?
Yes, including cash-out refinances.

What credit score do I need?
Minimum 620 with 20% down/equity; 680+ allows for 10% down/equity.

Are there restrictions on property type?
1 - 4 unit residential properties, including primary, second, or investment homes.

How fast can I close?
About 30 days in many cases

• Self Employment for 2+ years

• Freelancers, consultants, entrepreneurs

• Small business owners and gig workers

• Realtors and independent contractors

• Fixed Rates
• Adjustable Rate Mortgage (ARM)
• Conforming Loans
• Jumbo
• Terms from 15 to 30 Years