Bank Statement Loan Program

Mortgage Solutions for Self-Employed

Successful business. Strong cash flow. Tax returns don't show the whole picture?

At MGB Financial Services, Inc., we understand that self‑employed borrowers and business owners often have strong income and assets, yet their tax returns may not reflect their true cash flow because of legitimate business deductions.

A Bank Statement Loan provides an alternative way to document qualifying income by using eligible personal or business bank statements, rather than relying solely on traditional W‑2 income or tax returns.

Who May Benefit?

Bank Statement programs may be an option for:

• Self-Employed Professionals
• Business Owners
• Entrepreneurs
• Independent Contractors
• Real Estate Investors
• Consultants & Commission-Based Professionals
• Borrowers with significant business deductions

How Does It Work?

Instead of traditional income documentation, eligible borrowers may use a specified period of personal or business bank statements to demonstrate qualifying cash flow.
The lender reviews eligible deposits and other required documentation to calculate qualifying income according to the specific program's underwriting guidelines.

Potential Benefits

The MGB Underwriting Advantage

Bank Statement loans require more than simply adding up deposits.
With our mortgage underwriting experience, MGB can review your overall financial profile, evaluate documentation requirements, identify potential issues early, and help determine which available financing program may be appropriate for your circumstances.

Ready to Explore Your Options?

Find out whether a Bank Statement Loan Program may work for you.

Have questions before applying?

We're here to guide you through the process from initial review through closing.