Qualify on deposits, not tax returns, in Hill County
If you run a business, contract, or freelance in Hill 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. Primary homes, second homes, and investment properties can all qualify. We serve self-employed buyers from the county seat of Hillsboro to communities across Hill County.
Hill County at a glance
In Hill County, the median household income is about $62,176 (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 Hill County
- Self-employed 2+ years preferred (1–2 years can work with a strong history)
- Credit from 620 and down payments from 10%
- Personal or business bank statements both accepted
- Local specialists who structure non-QM loans for Hill County business owners
Self-employed buyers near Hillsboro and throughout Hill County use bank statement loans to qualify on real cash flow; the 60-second check shows your estimated income with no credit pull.
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.
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.
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.