Texas Bank Statement Loans

Bank Statement Home Loans in Tyler 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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Bank statement & 1099 mortgages for Tyler County

If you run a business, contract, or freelance in Tyler County, a conventional lender's reliance on tax returns can work against you. Bank statement loans count your actual cash flow — often 50% of business deposits or 100% of personal — to get you qualified. Real estate investors can use DSCR loans that qualify on a property's rental cash flow alone. Whether your business is in Woodville or elsewhere in Tyler County, we can turn your deposits into buying power.

Who qualifies in Tyler County

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.

Non-warrantable condos: when the building is the problem

Sometimes you qualify and the condo doesn't — too many rentals in the project, pending litigation, one owner holding too many units. Conventional lenders walk away; non-QM lenders underwrite the building on its merits. If a condo deal died over 'warrantability,' there's usually still a loan for it.

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.

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Frequently Asked Questions

What is a bank statement loan?

It's a mortgage that qualifies self-employed borrowers on 12–24 months of bank deposits instead of tax returns. If your write-offs make your taxable income look low, this counts your real cash flow instead.

What is an asset depletion loan?

A non-QM program that converts verified liquid assets into monthly qualifying income — commonly assets divided over a set number of months. It suits retirees, business sellers, and high-net-worth borrowers without paychecks.

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.

Can I get a mortgage with an ITIN instead of a Social Security number?

Yes. ITIN loans underwrite with your IRS-issued taxpayer ID, typically with 10-20% down and two years of work history. Self-employed ITIN borrowers can often document income with bank statements.

How long do I need to be self-employed?

Typically two years, though one year may work if you have prior experience in the same line of work. We'll help you find the program that fits your timeline.

Tyler County business owners — get pre-qualified

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