Qualify on deposits, not tax returns, in Hidalgo County
Hidalgo County realtors, contractors, and small-business owners use bank statement loans to turn strong deposit history into buying power — no tax returns required, down payments often starting at 10%. Lenders count 12–24 months of deposits — often 50% of business or 100% of personal — as income. We serve self-employed buyers from the county seat of Edinburg to communities across Hidalgo County.
Hidalgo County at a glance
In Hidalgo County, the typical home was listing around $260,000 as of June 2026 and the median household income is about $55,829 (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 Hidalgo County
- Write-offs that cut your taxable income don't cut your qualifying income
- Personal or business bank statements both accepted
- Roughly 50% of business-account deposits counted as qualifying income
- Qualify on 12–24 months of bank statements instead of tax returns
From Edinburg to the rest of Hidalgo County, the program is the same: deposits in, qualifying income out, no tax returns required. See your number in about a minute.
Close your rental in an LLC
DSCR loans commonly close in an entity's name, which is why investors love them: liability separation, no personal income docs, and qualification that's just the property's rent divided by its full payment (PITIA). A ratio of 1.0 covers the payment; 1.25+ earns the best pricing.
Texas's 80% cash-out rule
Texas homestead law caps cash-out refinances on a primary residence at 80% of the home's value — you must keep at least 20% equity. It applies to every loan type, including bank-statement loans, so plan your cash-out around that ceiling.
ITIN loans: no Social Security number required
Taxpayers who file with an IRS-issued ITIN can buy a home through ITIN mortgage programs — typically 10-20% down, two years of work history, and credit shown by score or alternative trade lines like rent and utilities. Self-employed ITIN borrowers can often qualify with bank statements.