Qualify on deposits, not tax returns, in Mills County
Self-employed in Mills 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 Mills County business owners can finance the home they can actually afford. Many borrowers buy now and refinance into a conventional loan once their tax picture strengthens. Our specialists work with self-employed borrowers throughout Mills County, including Goldthwaite and nearby areas.
Mills County at a glance
In Mills County, the median household income is about $61,642 (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 Mills County
- DSCR options too, if you're financing a Mills County rental on its own cash flow
- Roughly 50% of business-account deposits counted as qualifying income
- Built for 1099 contractors, realtors, gig workers, and small-business owners
- Local specialists who structure non-QM loans for Mills County business owners
Business owners across Mills County turned down on a conventional loan often qualify here on deposits alone — the check is free and there's no obligation.
12 vs. 24 months of statements
Lenders accept either 12 or 24 months of personal or business statements. Twelve months gets you to the finish line faster, while 24 months smooths out seasonal swings and often produces a higher, more defensible qualifying income.
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.
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.