Texas Bank Statement Loans

Bank Statement Home Loans in Ochiltree County, TX

Self-employed? Qualify using 12–24 months of bank statements instead of tax returns. We count your real deposits — not your write-offs. See your qualifying income in 60 seconds.

Licensed Texas loan specialists NMLS ID available on request Equal Housing Opportunity
Prefer to talk? Call (972) 978-9791

Free Calculators for Ochiltree County

Bank statement loans in Ochiltree County, Texas

Self-employed in Ochiltree 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 Ochiltree 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 Ochiltree County, including Perryton and nearby areas.

Who qualifies in Ochiltree County

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.

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.

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.

Browse all 254 Texas counties →

Frequently Asked Questions

Do I need tax returns or W-2s?

No. Income is verified from your deposits (or 1099s/P&L), so no tax returns or W-2s are required to document income — just proof of self-employment and consistent statements.

What is a 1099 loan and how is it different?

A 1099 loan qualifies contractors and gig workers using their 1099 forms instead of tax returns, often counting 90–100% of gross 1099 earnings. It's a great fit if most of your income comes on 1099s.

What DSCR ratio do lenders want?

A DSCR of 1.0 means rent covers the full payment; many lenders price best at 1.25 or higher. Some programs allow ratios below 1.0 with stronger down payments and reserves.

What is a DSCR loan for investors?

A DSCR loan qualifies real estate investors on a property's rental cash flow instead of personal income — no tax returns or pay stubs. It's ideal for rentals, cash-out refinances, and growing a portfolio.

Do bank statement loans work for real estate agents?

They're one of the best fits. Commission deposits qualify you, and 24 months of statements smooths seasonal swings. If your brokerage 1099s your gross commissions, a 1099 loan counting 90-100% of gross may be even stronger.

Will moving money between my accounts hurt my application?

It can muddy the file. Transfers between your own accounts get excluded so they aren't double-counted, and frequent overdrafts or NSFs are red flags. Keep deposits clean and consistent in the months before applying.

Ochiltree County business owners — get pre-qualified

Free, no-obligation. See what you qualify for in about a minute.