Make a statement with our Bank Statement Loans
Get flexible financing without providing tax returns.
Smarter solutions for
self-employed borrowers.
Lower Down Payments
With Loan-to-Value ratios up to 90% that means you can qualify with a lower down payment.
Fast Funding
Need quick funding? Get pre-qualified in as little as 24 hours!
Alternative Doc Options
Instead of submitting tax returns, you can qualify with personal or business bank statements.
Program Highlights
Bank Statement Loans
- Loan amounts up to $3,000,000
- Loan-to-Value up to 90%
- 12 or 24-month of business bank statements and personal bank statements permitted
- Borrower does not have to be 100% owner of the business
- W-2 with Bank Statements combinations allowed
- P&L statements NOT required
- Business expense ratio as low as 10%
- Multiple business bank accounts acceptable
Have a question?
We have the answers.
Who can benefit from a bank statement loan?
Bank statement loans help self-employed borrowers qualify based on their actual income, rather than the number that appears on their tax returns. Bank statement loans can benefit non-traditional borrowers, such as business owners, self-employed and high-commission sales workers, who have always faced challenges documenting income.
How is the business expense factor assessed?
The expense factor is the percentage of operating costs that are deducted from the business income. Instead of applying a standard expense factor of up to 50%, LendSure determines an expense factor using our Self Employment Questionnaire. The questionnaire covers rents to be paid, labor to be paid, cost of goods sold, and other operating expenses. The LendSure expense factor can be as low as 10%.
What's the difference between a bank statement loan and a traditional loan?
In a traditional home loan, extensive documentation such as tax returns, pay stubs, and W-2 forms is typically required to verify income and financial stability. LendSure's bank statement loan uses bank statements, covering the past 12 or 24 months, as the primary means of verifying income.
