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Bank Statement Loans

Buy, refinance, or access equity using bank statements, not tax returns.

Coltrain Mortgage offers bank statement mortgages built for self-employed borrowers and business owners - qualify using 12 or 24 months of personal or business bank statements instead of tax returns, for a home purchase or refinance.

  • No Tax Returns Needed
  • 12 or 24-Month Options
  • Personal or Business Statements
  • Purchase & Refinance

Let's See What You Qualify For

A local loan officer replies directly - usually within one business day.

No obligation. A local Coltrain loan officer will reach out directly.

Thanks - you're all set.

A Coltrain loan officer will personally reach out shortly. Have a question right now? Call (631) 851-4420.

Why Coltrain

What makes our bank statement loan different

1

No tax returns required

Qualify off real deposits into your bank account instead of the taxable income shown on your return - write-offs that lower your tax bill won't work against you here.

2

12 or 24-month options

Choose the statement window that shows your income in the best light - 12 months for a stronger recent trend, 24 for a longer track record.

3

Personal or business statements

Qualify off personal account deposits, business account deposits, or a mix of both - whichever reflects how your income actually flows.

4

Purchase & refinance

Use bank statement qualification to buy your next home or refinance the one you're in, including cash-out.

Not sure if a bank statement loan is the right fit for your income?

Every Borrower Type

A bank statement option for your actual situation

Fastest Approval

12-Month Personal Statements

Qualify off the last 12 months of personal bank statement deposits - the shortest documentation window we offer.

Stronger File

24-Month Personal Statements

A longer statement history can support a larger loan amount or offset a shorter time in business.

Business Owners

Business Bank Statements

Qualify off your business account's deposits directly, using an expense factor instead of a full tax return breakdown.

Buying

Purchase

Buy your next home using bank statement income, with the same wholesale rate access as our other purchase loans.

Lower Your Rate

Rate & Term Refinance

Refinance your current mortgage using bank statements, without needing to produce tax returns.

Access Equity

Cash-Out Refinance

Refinance and pull cash out of your home's equity, qualifying off bank statements instead of tax returns.

How It Works

From application to closing

1

Tell us your situation

Purchase or refinance, personal or business statements, 12 or 24 months - we match you to the right program.

2

We review your statements

We calculate your qualifying income from real deposits, not the taxable income on your return.

3

Streamlined underwriting

No tax returns, no W-2s or pay stubs required for this program - just the bank statements themselves.

4

Close on your loan

Buy your next home or complete your refinance with wholesale-priced rates and local guidance throughout.

Your Real Income, Not Your Tax Return

Your write-offs shouldn't cost you a mortgage.

Traditional underwriting reads your net income straight off your tax return - the same number your accountant worked hard to lower. A bank statement loan looks past that: no tax returns, period. Qualification is based on real deposits into your bank account, personal or business, so the write-offs that help your tax bill don't work against your approval.

“Self-employed borrowers are exactly who this program is built for. If your tax return doesn't tell the full story, we'll look at what actually matters.”
- Coltrain Mortgage, Licensed Loan Originators
Common Questions

Bank statement loan questions, answered

What counts as income on a bank statement loan?+

Lenders review 12-24 months of personal or business bank statements and calculate qualifying income from actual deposits, not the taxable income shown on your tax returns.

Why would I use bank statements instead of tax returns?+

Self-employed borrowers often write off enough expenses that their tax returns understate what they actually bring in. A bank statement loan qualifies you off real cash flow instead.

Do I need W-2s or pay stubs?+

No. Bank statement loans are built specifically for borrowers who don't have traditional W-2 income documentation.

Can I use a bank statement loan for an investment property?+

Yes. Bank statement programs are available for both primary residences and investment properties, for purchase or refinance.

Can I also use bank statements to qualify for a HELOC?+

Yes - if you're looking to tap equity in a home you already own rather than purchase or refinance, we offer a separate bank-statement HELOC program built for self-employed borrowers. See HELOC for self-employed borrowers →

However You'd Like To Connect

We Can Start with a Conversation

No forms to fill out, no obligation - phone, text, email, video chat, or stop by our Hauppauge office in person. Whatever's easiest for you.

📞 Phone 💬 Text ✉ Email 📹 Video Chat 🏢 In Person

Got it - we'll be in touch.

A Coltrain loan officer will reach out however you prefer, usually within one business day.

Ready When You Are

Ready to buy or refinance using bank statements?

No pressure, no obligation - just a clear answer from a local loan officer.