Self-employed home loans across Culberson County
If you've been told you 'make too much to qualify on paper' in Culberson County, a bank statement loan is likely your answer. It qualifies you on your deposits, so the income you actually earn is the income that counts. A CPA-prepared profit-and-loss statement can stand in when deposits don't tell the whole story. We serve self-employed buyers from the county seat of Van Horn to communities across Culberson County.
Culberson County at a glance
In Culberson County, the median household income is about $64,099 (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 Culberson County
- DSCR options too, if you're financing a Culberson County rental on its own cash flow
- Personal or business bank statements both accepted
- Roughly 50% of business-account deposits counted as qualifying income
- Credit from 620 and down payments from 10%
From Van Horn to the rest of Culberson County, the program is the same: deposits in, qualifying income out, no tax returns required. See your number in about a minute.
P&L-only loan options
Some self-employed borrowers qualify with a CPA-prepared profit-and-loss statement, sometimes paired with a couple months of statements. A P&L loan is another non-QM path when your deposits alone don't capture the whole picture.
LLC and S-corp owners: your K-1 isn't the ceiling
Owners who pay themselves modest salaries and leave profit in the business look artificially small on paper. Bank statement programs can use your business account deposits, typically counted around 50%, or higher with a CPA letter documenting your expense ratio, so the company's real cash flow backs your approval.
A bridge to a conventional refinance
Many borrowers use a bank-statement loan to buy now, then refinance into a conventional loan later once two years of stronger tax returns are on file. You get the home today and keep the door open to a lower rate down the road.