Bank Statement Home Loan

Loans from $150,000 to $3 million
Two years seasoning required for foreclosure, short sale, bankruptcy or deed-in-lieu
Available for purchase, cash-out or rate-term refinance
Primary, second home, or investment properties
Single family, townhomes, or condos
12 or 24 months business or personal bank statement submissions
1099 income option available
Two years of self-employment required
40 year fixed interest-only available*

Angel Oak Home Loan’s Bank Statement program is a loan option for eligible self-employed borrowers to purchase or refinance a home. This program allows personal or business bank statements to calculate income without requiring tax returns.

Contact a Loan Officer

Property State

Loan Purpose

PurchaseRefinance

Looking For A Specific Mortgage Advisor?

YesNo

Are You Self-Employed?

Yes

Residence Type

Primary ResidenceSecond Home / Investment Property

Credit Score

I agree to the Angel Oak Home Loans terms of use.Submit

We take your privacy seriously. By clicking "Submit" or "Send My Verification Code", you are providing express "written" consent to allow Angel Oak Home Loans LLC NMLS 685842 to call or text you at the telephone number provided above for advertising or telemarketing purposes related to your mortgage inquiry (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone or mobile device (including SMS and MMS - charges may apply) and/or email you at the email address provided, even if the telephone number is currently listed on any internal, corporate, state, federal or national Do-Not-Call (DNC) list. You are not required to provide this consent as a condition of purchasing goods or services with Angel Oak Home Loans LLC NMLS 685842. Privacy policy https://www.angeloakhomeloans.com/privacy-policy

Thanks! A Mortgage Advisor Will Be In Touch With You Shortly.

Oops! Something went wrong while submitting the form.

Product FAQ

General FAQ

How Does A Bank Statement Mortgage Program Work?

A bank statement mortgage allows eligible self-employed borrowers to use bank statements to help verify income instead of tax returns. A lender will use these statements to analyze income to prove the ability to repay a loan.

What Is The Difference Between A Bank Statement Loan And A Traditional Mortgage Loan?

Traditional loans will generally require tax returns, W-2s and paycheck stubs in order to verify a borrower’s income. A bank statement mortgage loan offers self-employed borrowers a different option to verify their income without using tax returns.

Are Self-Employed Borrowers Required To Use Bank Statement Loan Products?

A bank statement loan is often a great option for qualified self-employed borrowers. However, self-employed borrowers should choose the best loan product to help meet their mortgage needs.

Contact
Angel Oak
Home Loans

Contact

Find a Mortgage Advisor

Find Now

Angel Oak Home Loans LLC NMLS# 685842, For licensing information, go to: (www.nmlsconsumeraccess.org), Licensed in AL, AZ #0927070, AR, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act , CO, DC, FL, GA #32379, ID, IL, IN, KY, LA, ME, MD, MI, MN, MS, MT, ND dba AOHL LLC, NE, NH, Licensed by the N.J. Department of Banking and Insurance, NM, NC, ND dba AOHL LLC, OH, OK, OR, PA, Rhode Island Licensed Lender, SC, TN, TX, UT, VT, VA, WA dba AOHL LLC, WV, WI, WY. Corporate Office: 980 Hammond Drive, Suite 200, Atlanta, GA 30328. The information contained herein is for informational purposes only and is not a commitment to lend. The programs, rates, terms, and conditions are subject to change at any time without prior notice. Not all borrowers will meet the requirements necessary to qualify. All loans are subject to credit and property approval. Other restrictions and limitations may apply.