Self-employed real estate investors often face an uphill battle when applying for traditional mortgages. Even with healthy business income, tax write-offs and inconsistent earnings can sabotage loan approvals. Fortunately, bank statement loans offer a flexible, low-documentation alternative—especially for borrowers who don’t fit neatly into the W-2 box.
In this guide, we’ll spotlight the best bank statement loan lenders for 2025, what sets them apart, and how to determine if this option fits your investment strategy.
What Is a Bank Statement Loan?
Bank statement loans allow borrowers—especially self-employed individuals, freelancers, or entrepreneurs—to qualify for mortgages using 12 to 24 months of bank deposits instead of W-2s or tax returns.
Unlike traditional mortgages that verify income through IRS documents, these loans rely on your actual cash flow, making them ideal for:
- Real estate investors
- Small business owners
- Gig workers and 1099 earners
- Professionals with write-offs that reduce taxable income
Typical requirements include:
- 12–24 months of personal or business bank statements
- Minimum credit score: 620–680
- Down payment: 10–20%
- Loan amounts: Up to $5 million
- Self-employment history: Minimum of 2 years
Top Bank Statement Loan Lenders in 2025
Here are five of the most trusted and investor-friendly lenders offering bank statement mortgages in 2025:
1. Angel Oak Mortgage Solutions
- Why It Stands Out: One of the pioneers of non-QM lending
- Loan Highlights:
12- or 24-month business or personal statements - Up to 90% LTV (no mortgage insurance)
- Interest-only options available
2. Griffin Funding
- Why It Stands Out: Offers DSCR and bank statement loan combos
- Loan Highlights:10% down for strong borrowers
