Bank statement & 1099 mortgages for Collin County
Self-employed in Collin County? Your tax write-offs shouldn't keep you from buying a home. A bank statement loan qualifies you on 12-24 months of real deposits instead of tax returns, so Collin County business owners can finance the home they can actually afford. Down payments often start around 10%, with stronger pricing at 15-20%. Our specialists work with self-employed borrowers throughout Collin County, including McKinney and nearby areas.
Collin County at a glance
In Collin County, the typical home was listing around $529,000 as of July 2026 and the median household income is about $124,920 (2024). A bank statement loan counts real cash flow, so strong deposits can support a home at the local price even when taxable income looks low.
Who qualifies in Collin County
- Qualify on 12-24 months of bank statements instead of tax returns
- Roughly 50% of business-account deposits counted as qualifying income
- Credit from 620 and down payments from 10%
- Built for 1099 contractors, realtors, gig workers, and small-business owners
Business owners across Collin County turned down on a conventional loan often qualify here on deposits alone, the check is free and there's no obligation.
Your write-offs stop working against you
The deductions that lower your tax bill also lower the income a conventional lender sees, which is why so many business owners get under-qualified or denied. A bank-statement loan flips that: your real deposits, not your write-off-reduced taxable income, drive your approval.
Primary, second home, or investment
These loans aren't just for primary residences, second homes and investment properties qualify too. Pair a bank-statement loan for your own home with a DSCR loan for rentals and you can keep growing without ever showing a tax return.
Reserves: what lenders want to see
Non-QM programs typically want about 3 to 12 months of PITI, your full monthly payment, sitting in reserves, with larger loans requiring more. Strong reserves can offset a lower score or a thinner deposit history.