Qualify on deposits, not tax returns, in Dawson County
Buying a home in Dawson County when you're self-employed comes down to one thing: showing your true income. Bank statement loans do exactly that, averaging your monthly deposits to set your qualifying income. Primary homes, second homes, and investment properties can all qualify. We serve self-employed buyers from the county seat of Lamesa to communities across Dawson County.
Dawson County at a glance
In Dawson County, the median household income is about $58,227 (2024). Self-employed buyers here qualify on bank deposits rather than tax returns — which often supports a higher price than a write-off-reduced return would.
Who qualifies in Dawson County
- Credit from 620 and down payments from 10%
- DSCR options too, if you're financing a Dawson County rental on its own cash flow
- Roughly 50% of business-account deposits counted as qualifying income
- Self-employed 2+ years preferred (1–2 years can work with a strong history)
Business owners across Dawson County turned down on a conventional loan often qualify here on deposits alone — the check is free and there's no obligation.
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.
DSCR loans for real estate investors
Buying a rental? A DSCR loan qualifies you on the property's cash flow instead of your personal income — no tax returns, no pay stubs. With interest-only options and entity (LLC) eligibility, it's the go-to for investors growing a portfolio.