Texas Bank Statement Loans

Bank Statement Home Loans in Runnels 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.

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Free Calculators for Runnels County

Self-employed home loans across Runnels County

Self-employed in Runnels 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 Runnels County business owners can finance the home they can actually afford. If most of your income is on 1099s, a 1099 loan can count roughly 90-100% of it instead. Whether your business is in Ballinger or elsewhere in Runnels County, we can turn your deposits into buying power.

Runnels County at a glance

In Runnels County, the median household income is about $57,607 (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 Runnels County

Business owners across Runnels County turned down on a conventional loan often qualify here on deposits alone, the check is free and there's no obligation.

Reserves: what lenders want to see

Non-QM programs typically want about 3 to 12 months of PITI, your full monthly payment, sitting in reserves, with larger loans requiring more. Strong reserves can offset a lower score or a thinner deposit history.

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.

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.

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Frequently Asked Questions

Can gig income from Uber or DoorDash qualify?

Yes, it's self-employment income. Lenders aggregate deposits or 1099s across platforms; about two years of history is the norm. Route payouts into one account so every dollar is verifiable.

What about jumbo loans for the self-employed?

Bank statement jumbo programs lend above the conforming limit ($832,750 in most Texas counties for 2026) using deposit-based income, expect larger down payments and deeper reserves than smaller loans.

What is a P&L loan?

A profit-and-loss loan lets you qualify using a CPA-prepared P&L statement, sometimes with fewer bank statements. It's another non-QM path when bank-statement deposits alone don't tell the full story.

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.

Can I refinance with a bank statement loan?

Yes, you can refinance to lower your rate or take cash out, subject to Texas's 80% cash-out limit on a primary residence.

What credit score do I need?

Many programs start around 620-660. A higher score unlocks better rates and lower down payments, but strong, consistent deposits carry a lot of weight too.

Runnels County business owners, get pre-qualified

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