No W-2s? No Problem—Try a Bank Statement Loan

Qualify based on your bank deposits, not your tax returns.
Designed for self-employed professionals, freelancers, and business owners who can prove income differently. 

A bank statement loan allows borrowers to use personal or business bank statements—typically 12 or 24 months—to verify income instead of traditional documents like pay stubs or W-2s. It’s ideal for those with strong cash flow but complex tax filings.

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Self-employed borrowers often write off expenses that lower their taxable income. This program focuses on your real deposits—not your adjusted gross income.

📄 No tax returns or W-2s needed
💼 Great for business owners and freelancers
📈 Loan based on actual deposits, not deductions
🏠 Purchase, refi, or cash-out options
🧾 Simplifies qualifying for complex incomes

Q: Can I use business or personal statements?
Yes. Most lenders allow either, depending on your business structure.

Q: Do I need to be self-employed?
Yes. Typically, 2+ years of self-employment is required.

Q: Are interest rates higher?
Rates may be slightly higher than traditional loans, but the flexibility can be worth it.

At The Federal Savings Bank, we make home financing easy. Whether you're buying, refinancing, or just exploring options, we’re here to help. Located at 1150 South Ave, Suite 304B, Staten Island NY 10314, we offer competitive rates, great service, and a smooth and fast loan process from start to finish. 

Company NMLS: 411500

Texas Mortgage Disclosure: Consumers wishing to file a complaint against a mortgage banker or licensed residential mortgage loan originator should contact the Texas Department of Savings and Mortgage Lending (SML). Visit [www.sml.texas.gov](https://www.sml.texas.gov) for instructions and to obtain a complaint form. Mailing Address: 2601 North Lamar, Suite 201, Austin, TX 78705 • Toll-Free: 1-877-276-5550 (Required per 7 TAC §80.200(b))