Bank statement & 1099 mortgages for Parmer County
Parmer County is full of entrepreneurs whose tax returns understate what they really earn. A bank statement mortgage fixes that by underwriting your deposits, not your write-off-reduced taxable income. A CPA-prepared profit-and-loss statement can stand in when deposits don't tell the whole story. Whether your business is in Farwell or elsewhere in Parmer County, we can turn your deposits into buying power.
Who qualifies in Parmer County
- Roughly 50% of business-account deposits counted as qualifying income
- Self-employed 2+ years preferred (1–2 years can work with a strong history)
- DSCR options too, if you're financing a Parmer County rental on its own cash flow
- Write-offs that cut your taxable income don't cut your qualifying income
Business owners across Parmer County turned down on a conventional loan often qualify here on deposits alone — the check is free and there's no obligation.
Jumbo loans without tax returns
Above the conforming limit — $832,750 in most Texas counties for 2026 — bank statement jumbo programs keep working. Expect larger down payments and deeper reserves than smaller loans, but the core trade holds: your deposits, not your post-write-off taxable income, set your buying power.
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.
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.