Florida Bank Statement Mortgage
A Florida Bank Statement Mortgage allows self-employed borrowers to qualify for a home loan using personal or business bank statements instead of tax returns.
What is A Florida Bank Statement Mortgage?
A Florida Bank Statement Mortgage is an innovative home financing option tailored for self-employed individuals, freelancers, and business owners who may not have traditional income documentation. Instead of relying on W-2s or tax returns, lenders assess bank statements—typically from the past 12 to 24 months—to verify income. This allows borrowers to showcase their financial strength based on actual cash flow rather than taxable income, which may be reduced due to business deductions.
This type of mortgage is ideal for those whose earnings fluctuate or who reinvest heavily into their businesses, making their reported income appear lower than it actually is. By focusing on consistent bank deposits rather than adjusted gross income, lenders can determine a borrower’s true earning potential. This provides a flexible and accessible path to homeownership for professionals like real estate agents, consultants, gig workers, and small business owners who might otherwise struggle to secure a conventional mortgage.
Apply For A Bank Statement Mortgage
The Pros of Bank Statement Mortgages
- No Tax Returns Required
- Flexible Credit Requirements
- Higher Loan Limits

Who qualifies for a Florida Bank Statement Mortgage?
This mortgage option is perfect for individuals who earn a steady income but lack traditional proof of employment. Business owners, independent contractors, self-employed professionals, and gig workers who receive income through bank deposits rather than paychecks can qualify. Lenders typically require a strong financial history, stable deposits over time, and a solid credit profile to approve these loans. Those who consistently deposit earnings into a business or personal account will have the best chance of securing financing.
Florida Bank Statement Mortgage Requirements
Borrowers must provide 12 to 24 months of personal or business bank statements to verify income. Additionally, a reasonable down payment—typically between 10% and 20%—is required. Lenders will also evaluate debt-to-income ratios based on bank deposits instead of tax returns. A minimum credit score is necessary, although the exact requirement varies by lender. Some programs may also ask for reserves to cover several months of mortgage payments, ensuring financial stability.
If you’re self-employed or own a business, a Florida Bank Statement Mortgage offers the flexibility needed to achieve homeownership without the traditional income verification roadblocks. Instead of letting tax write-offs or fluctuating income hold you back, you can secure a mortgage that aligns with your actual earning potential. With competitive loan options and an easy qualification process, now is the perfect time to take the next step toward owning your dream home.
Apply For A Bank Statement Mortgage
The Pros of Bank Statement Mortgages
- No Tax Returns Required
- Flexible Credit Requirements
- Higher Loan Limits