At Prestian.ai, our Bank Statement Loan offering enables self-employed individuals, freelancers, contractors, and business owners who lack traditional income documentation (W-2s, tax returns) to qualify by submitting personal or business bank statements.
Our AI engine analyzes your cash flow, deposits, and reserves to match you with lenders willing to underwrite bank statement-based mortgages.
Self-employed individuals, business owners, consultants, freelancers, and independent contractors who don’t have stable W-2 income but maintain deposit flows.
Borrowers whose standard income documentation looks weak because of deductions, write-offs, or variable business cycles.
Professionals with significant assets, reserves, or liquidity who want to qualify using cash flow rather than reported income.
Lenders often require you to provide 12 to 24 months of consecutive bank statements (personal or business) showing consistent deposit patterns.
Many programs demand you have been self-employed for 2 years (though some may allow exceptions of 1 year in certain industries)
Loan-to-Value (LTV) or equity caps: many lenders limit LTV (for purchases and refinances) to 80-90% depending on credit, down payment, property type, and risk profile.
Debt-to-Income (DTI) requirement: lenders often allow DTIs up to 45–50%, though thresholds depend on credit, reserves, and other compensating factors.
Some lenders may require sizable cash reserves, proof of business stability, or supplemental documentation (e.g. business licensing, profit & loss statements, expense ratio letters).
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