Bank statement & 1099 mortgages for Red River County
Buying a home in Red River County when you're self-employed comes down to one thing: showing your true income. Bank statement loans do exactly that, averaging your monthly deposits to set your qualifying income. Primary homes, second homes, and investment properties can all qualify. We serve self-employed buyers from the county seat of Clarksville to communities across Red River County.
Red River County at a glance
In Red River County, the median household income is about $52,978 (2024). Against those numbers, qualifying on deposits instead of tax returns is what lets local self-employed buyers actually reach the price they can afford.
Who qualifies in Red River County
- Local specialists who structure non-QM loans for Red River County business owners
- Qualify on 12–24 months of bank statements instead of tax returns
- Personal or business bank statements both accepted
- Roughly 50% of business-account deposits counted as qualifying income
From Clarksville to the rest of Red River County, the program is the same: deposits in, qualifying income out, no tax returns required. See your number in about a minute.
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.
Primary, second home, or investment
These loans aren't just for primary residences — second homes and investment properties qualify too. Pair a bank-statement loan for your own home with a DSCR loan for rentals and you can keep growing without ever showing a tax return.
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.