Bank Statement Mortgage for Self-Employed in Dallas/Fort Worth
No tax returns. No W-2s. Just 12 or 24 months of bank statements. If you're a business owner in DFW who writes off everything, this is your loan.
Joe Pisa
Founder & Senior Loan Officer
NMLS #139369
"If Rocket, Chase, or your local credit union just crushed your dreams because of your credit score, self-employed income, or because you want to count your Airbnb income — you're in the right place."
Hey, if you're self-employed in Dallas or Fort Worth and you've been told your tax returns don't show enough income — join the club. You're not alone. Business owners write off everything they can (as they should), but that kills their qualifying income on paper. We don't use tax returns. We use your actual bank deposits — 12 or 24 months of personal or business statements — and we apply a reasonable expense ratio. Last month we closed a $920k bank statement deal in Bergen County for a business owner who wrote off $400k. We do the same thing in Texas every week.
Why We Close What Banks Deny
- 12 or 24 month bank statement programs — your choice
- Personal OR business bank statements accepted
- We use 50-90% of deposits as qualifying income (depends on business type)
- No tax returns, no W-2s, no 1099s required
- Loan amounts up to $3 million in Texas
- Credit scores down to 620 (some programs to 600)
Recent Closings in Dallas/Fort Worth, TX
These are real deals we closed. Banks denied them. We didn't.
Restaurant owner — 24 months business statements, 50% expense ratio
Real estate agent — 12 months personal statements, closed in 18 days
Tech consultant — business statements showed $45k/month deposits
Bank Statement Loans Questions for Dallas/Fort Worth, TX
Real questions we get daily — with straight answers
Do you accept bank statements instead of tax returns in Texas?
Yes. 12 or 24 months of personal or business deposits. We calculate your income from actual deposits, not what you reported to the IRS.
What expense ratio do you use for bank statement loans?
It depends on your business type. Service businesses typically get 50% expense ratio. Retail/restaurants may be 60-70%. We'll tell you upfront.
Can I use business bank statements if I'm an LLC or S-Corp?
Yes. We need your business statements plus proof you own at least 50% of the business. Simple.
What's the minimum credit score for bank statement loans in Dallas?
Most programs start at 620. Some go to 600 with compensating factors like larger down payment or lower DTI.
How much can I borrow with a bank statement loan in Texas?
Up to $3 million. We regularly close $500k-$1.5M deals in DFW for business owners buying or refinancing.
Can I do a cash-out refinance with bank statements?
Absolutely. Cash-out up to 80% LTV on primary residence, 75% on investment properties. Great for pulling equity to grow your business.
NorthStar Funding is a licensed mortgage broker. NMLS #139369. Equal Housing Lender. All loans subject to credit approval. Rates and terms subject to change without notice.