Your Tax Return Doesn’t Define Your Buying Power. Your Bank Statements Do.
Built for self-employed borrowers, business owners, freelancers, and investors who earn real income — just not the kind traditional lenders recognize. No W-2s. No tax returns. No paystubs required.
Program Features
A Smarter Way to Qualify for a Mortgage
- No W-2s, tax returns, or paystubs required
- Qualify using 12–24 months of personal or business bank statements
- Available for primary residences, second homes, and investment properties
- Flexible qualification guidelines
- Residential and multi-unit investment properties eligible
- Fast, streamlined process designed for self-employed borrowers
Click the Milend Award links below to visit the award-giver’s official site.
Why our Clients Love MiLEND
We Help Self-Employed Borrowers Get Approved By…
- Using your actual deposits — not your taxable income. Your write-offs are smart business decisions, not a reflection of what you actually earn. We look at what hits your account.
- Removing the W-2 requirement entirely. Freelancers, 1099 contractors, gig workers, and business owners qualify the same way salaried employees do — just with different documentation.
- Accepting personal and business bank statements. Whether your income flows through your personal account, your business account, or both, Milend works with your actual financial picture.
- Qualifying you across a range of property types. Primary homes, vacation properties, and multi-unit investment properties all qualify under the program.
- Moving fast without sacrificing accuracy. Our streamlined process was built specifically for self-employed borrowers — so you’re not waiting weeks for an answer that doesn’t fit your situation.
Click the Milend Award links below to visit the award-giver’s official site.
Ready to Put Your Bank Statements to Work?
Get Pre-Approved Today
FAQs
Q: What is a bank statement loan?
A bank statement loan is a type of mortgage that allows borrowers to qualify based on their bank deposit history rather than traditional income documentation like W-2s or tax returns. It’s specifically designed for self-employed individuals, business owners, freelancers, and investors whose income doesn’t fit the standard mold.
Q:Who qualifies for a bank statement loan?
Bank statement loans are ideal for self-employed borrowers, independent contractors, 1099 workers, gig economy workers, small business owners, and real estate investors who have strong cash flow but don’t show traditional employment income on paper.
Q: How many months of bank statements are required?
Most bank statement loan programs require between 12 and 24 months of statements. Your Milend loan officer will walk you through exactly what’s needed based on your specific income profile and the property you’re looking to finance.
Q:Can I use business bank statements instead of personal?
Yes. Milend accepts both personal and business bank statements depending on how your income flows. Your loan officer will help determine which approach best represents your actual earnings.
Q: Do I need good credit to qualify?
Credit is still a factor in the qualification process, as it is with most mortgage programs. Your Milend loan officer will review your full financial picture and help you understand where you stand and what options are available to you.
Q:What types of properties can I finance with a bank statement loan?
Bank statement loans are available for primary residences, second homes, and investment properties including multi-unit residential properties. Talk to your Milend loan officer about your specific property type and goals.
Q:How is a bank statement loan different from a conventional mortgage?
A conventional mortgage requires W-2s, tax returns, paystubs, and employer verification to document income. A bank statement loan replaces all of that with your actual deposit history — making it the right fit for borrowers whose income is real but doesn’t show up the traditional way on paper.
Q: How long does the process take?
Milend’s bank statement loan process is streamlined specifically for self-employed borrowers. Your loan officer will give you a clear timeline from the first conversation so you know exactly what to expect at every step.
Q:How do I get started?
Click the Get Pre-Approved Today button above, fill out a quick form, and a dedicated Milend loan officer will reach out to walk you through your options — no obligation, no commitment required.