Self-employed tools
Bank-statement programs look at real deposits instead of tax returns. Enter your average monthly deposits and see roughly how a lender might count them. Every program calculates differently, so treat this as a first screen. For the real number, schedule a call or read how bank-statement loans work.
An underwriter reviews 12 or 24 months of statements, excludes ineligible deposits (transfers between your own accounts, loan proceeds, large one-offs they can't source), applies the program's expense treatment, and averages the result. That average becomes the income for your debt-to-income calculation, alongside your credit, reserves, and down payment. Deposit consistency matters: steady months read better than spikes.
The expense factor is where programs differ most, and it's negotiable ground: a CPA letter or P&L showing a leaner expense ratio can raise the counted income with many lenders. This is exactly the kind of file where shopping across lenders changes the answer. Estimate your target payment with the payment calculator, then bring me the statements and I'll tell you how the programs I shop would actually count them.
For illustrative purposes only. This estimator applies the single expense factor and ownership share you enter to the deposit figure you enter. It does not review deposit eligibility, exclusions, trends, or program rules, and it is not a commitment to lend, an offer to extend credit, a pre-qualification, or a guarantee that any income figure will be used by any lender. Actual qualifying income is determined by each lender from your complete documentation, and not all applicants will qualify. Consult Daniel for an assessment specific to your scenario. Equal Housing Opportunity.
