Qualify on deposits, not tax returns, in Burleson County
If you run a business, contract, or freelance in Burleson County, a conventional lender's reliance on tax returns can work against you. Bank statement loans count your actual cash flow — often 50% of business deposits or 100% of personal — to get you qualified. Down payments often start around 10%, with stronger pricing at 15–20%. Our specialists work with self-employed borrowers throughout Burleson County, including Caldwell and nearby areas.
Burleson County at a glance
In Burleson County, the median household income is about $70,451 (2024). For business owners here, qualifying income comes from 12–24 months of deposits — often enough to comfortably reach the local price point.
Who qualifies in Burleson County
- Write-offs that cut your taxable income don't cut your qualifying income
- Built for 1099 contractors, realtors, gig workers, and small-business owners
- Roughly 50% of business-account deposits counted as qualifying income
- DSCR options too, if you're financing a Burleson County rental on its own cash flow
Business owners across Burleson County turned down on a conventional loan often qualify here on deposits alone — the check is free and there's no obligation.
How much you'll put down
Most bank-statement programs start around 10% down, with better pricing at 15–20%+. If your credit or deposit history is on the lighter side, a larger down payment is often the lever that gets you approved.
Gig income counts — document it right
Uber, DoorDash, Instacart, freelance platforms — lenders aggregate it all as self-employment income. Route payouts into one account, keep your 1099s, and show about two years of history. Bank statement and 1099 loans capture what the apps actually paid you, not what survived your mileage deduction.
Asset depletion: your portfolio is your paycheck
Retirees and business sellers can qualify by converting verified assets into income — commonly eligible assets divided over a set number of months. Cash counts fully, securities and retirement funds at a discount. No employment, no tax returns: the balance sheet does the talking.