If your tax returns don't show what you really earn, a bank statement loan uses 12 months of personal or business bank statements to document your income.
Buy, refinance or take cash out, with a loan built for how you actually get paid.
Two quick steps, about a minute. I'll call you myself.
Step 1 of 2
500+ five-star reviews
“Tyler explained all the industry jargon in very relatable ways. He always made sure we understood what to expect.”
Marah H.
“Tyler was really great to work with throughout the entire process.”
Michael S.
“Tyler’s knowledge and attentiveness is unmatched. Tyler was on top of things, and was a joy to work with!”
Rachel W.
“Tyler is amazing! Best mortgage lender out there. He makes the process so seamless!”
Vanessa M.
“Tyler has been phenomenal to work with. His attention to detail and communication with numbers is very supportive and insightful!”
Lucas H.
12 monthsof bank statements
10.01% downMinimum down payment
620+ creditMinimum credit score
$100K to $3.5M*Loan amounts
2+ yearsin business
No prepaymentpenalty
Who it's for
Built for people who don't get a W-2
Smart write-offs lower your tax bill, but they can also make your income look smaller than it is on a standard mortgage application. This loan looks at your deposits.
Business owners
Your business is doing well, but your tax returns don't show it after deductions.
LLCs
S corps and C corps
Sole proprietors
Partnerships
Freelancers and 1099 contractors
Your income arrives as deposits from clients, not a paycheck from an employer.
Consultants
Creatives
Gig and contract work
Agents and independent sales pros
Strong years and uneven months are normal for you. Twelve months of statements shows the full picture.
Real estate agents
Insurance agents
Independent reps
Trades and contractors
You run your own crew or shop, and equipment and materials eat into what your returns show.
Builders and remodelers
Electricians and plumbers
Owner-operators
Sound like you?
Tell me a little about your situation and I'll tell you what's realistic. It takes about a minute.
A few quick questions and how to reach you. That's it.
We talk it through
I'll ask about your business and what you're looking to buy or refinance, then tell you what's realistic.
Gather statements and apply
You send 12 months of bank statements, and I guide the loan from application to closing.
Probably a good fit if you
Have been self-employed for two years or more
Are buying, refinancing or taking cash out in Minnesota or Wisconsin
Can put at least 10.01% down
Have a credit score of 620 or higher
Not sure you qualify?
That's what the call is for. If a bank statement loan isn't the right fit, there may be another route, and I'll tell you which one I'd choose. There's no credit check to chat or ask questions, and sending the form doesn't commit you to anything.
“Tyler was really great to work with throughout the entire process. His communication skills and ability to answer our questions in a way that we understood was extremely helpful and reassuring. I would strongly recommend him!”
Michael S.
“From the very first meeting, Tyler explained all the industry jargon in very relatable ways. He always made sure we understood what to expect and the differences between our options.”
Marah H.
“Tyler’s knowledge and attentiveness is unmatched. Tyler was on top of things, and was a joy to work with!”
Rachel W.
“Tyler is amazing! Best mortgage lender out there. He makes the process so seamless!”
Vanessa M.
“Tyler has been phenomenal to work with. His attention to detail and communication with numbers is very supportive and insightful! He is quick to respond to any questions and is very knowledgeable about the process. I would happily recommend Tyler and Guild Mortgage to anyone looking to purchase a new home.”
Lucas H.
Your headshot here
Your loan officer
Hi, I'm Tyler.
I've been a loan officer in the Twin Cities for 13 years. When you send that form, it comes to me, and I'm the one who calls you back. If a bank statement loan isn't the right move for you, I'll say so.
13 years in mortgage lending500+ five-star reviewsLicensed in MN and WINMLS #1243885
It's a home loan for self-employed borrowers that uses 12 months of personal or business bank statements to document income.
Who qualifies?
Self-employed borrowers in Minnesota and Wisconsin whose business has existed for at least two years, with a credit score of 620 or higher and at least 10.01% down. Final eligibility depends on underwriting.
Personal or business bank statements?
Either one. On our call I'll tell you which makes more sense for how your money moves.
How much can I borrow?
From $100,000 up to $3.5 million. The maximum depends on your credit score and down payment.*
Can I refinance or take cash out?
Yes. The program covers purchases, rate and term refinances, and cash-out refinances. In most cases a cash-out refinance can go up to 80% of your home's value.
What kinds of property?
Single-family homes, townhomes and planned communities, condos, and 2 to 4 unit properties.
Is the rate the same as a standard mortgage?
Pricing is different from a standard loan, and it depends on your credit score, down payment and loan amount. I'll show you this option next to a standard loan so you can compare.
Is there a prepayment penalty?
No. You can pay extra or pay the loan off early with no prepayment penalty.
What if I've been self-employed less than two years?
This program needs two years in business, but there may be another route depending on your work history. Send the form and I'll take a look.
Will you check my credit?
Not to chat or ask questions. A credit check is only required if you decide to move forward with a preapproval, and I'll tell you before that happens.
Does sending the form commit me to anything?
No. It starts a conversation. I'll tell you what's realistic, and you decide from there.
What happens after I send the form?
I get it right away and call or text you, usually the same business day.
Your headshot here