Bank Statement Loans in Killeen, TX | Self-Employed Mortgage

Bank Statement Home Loans in Killeen, 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.

No Tax ReturnsQualify on 12–24 months of personal or business bank statements.

Real Income CountedWe use your deposits, not your write-off-reduced taxable income.

10% DownCompetitive down-payment options for self-employed borrowers.

Built for Business Owners1099 contractors, realtors, gig workers, and entrepreneurs welcome.

Licensed Texas loan specialists NMLS ID available on request Equal Housing Opportunity

How Killeen business owners get mortgage-approved

Around Fort Cavazos, veteran-owned small businesses and contractors use bank-statement loans when traditional income docs fall short.

Buying in Killeen or anywhere around Harker Heights, Copperas Cove, Nolanville, Belton? Deposit-based qualifying works the same across the Killeen–Temple region. If you work in military, healthcare, retail, trades, odds are your tax returns understate your real income — which is the problem this loan solves.

Killeen qualification at a glance

DSCR options for investment properties — no personal income at all
Self-employed 2+ years (1–2 years can work with industry history)
620+ credit and down payments starting around 10%
Roughly 50% of business deposits counted as income — or more with a CPA letter

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.

LLC and S-corp owners: your K-1 isn't the ceiling

Owners who pay themselves modest salaries and leave profit in the business look artificially small on paper. Bank statement programs can use your business account deposits — typically counted around 50%, or higher with a CPA letter documenting your expense ratio — so the company's real cash flow backs your approval.

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 documents will I need?

Generally 12–24 months of statements, proof of self-employment (license, incorporation docs, or a CPA letter), and asset statements for your down payment and reserves.

I was denied a conventional mortgage — now what?

Get the written denial reason first. If it's income or DTI related, your write-offs were probably the culprit, and a bank statement, 1099, P&L, or DSCR loan may approve the same file on real cash flow.

Are bank statement loan rates higher?

Usually somewhat higher (often about 0.5%–2% over conventional) because they don't fit standard guidelines. There's no monthly PMI, and the real comparison is to being denied conventionally — many borrowers refinance later.

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.

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.

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.