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Your tax return says $47K. Your bank account says $289K. Traditional lenders only read the tax return — then reject you. We read the bank statements and say yes. Keep every write-off. Keep your CPA happy. Get the house.
Traditional lenders see your write-offs and panic. We see your deposits and get to work. Here's exactly what makes bank statement loans different.
Not literally — but you won't need them here. The IRS got their copy. We want your bank statements, where the real revenue lives.
We add up your last 12-24 months of deposits. You deposited $289K? That's your qualifying income — not the $47K on your 1040.
Had a record-breaking year? Use 12 months and ride the wave. Revenue more seasonal? 24 months smooths out the peaks and valleys.
Sole prop depositing into your personal checking? That works. LLC with a dedicated business account? That works too. We follow your dollars, not your entity structure.
Restaurant owners, contractors, consultants, e-commerce sellers, Uber drivers, real estate agents -- if you sign the front of the check, you're our people.
You didn't build your business to live in a starter home. Whether it's your dream house or your next investment property, we go up to $3 million.
A restaurant owner and a freelance designer don't run their businesses the same way. Why should they prove income the same way? Choose the documentation you already have.
The Deposit Detective
Hand us 12-24 months of bank statements. We total your deposits, apply an industry expense factor, and that number becomes your qualifying income. No tax returns. No IRS transcripts. Just the math your bank account already proves.
The CPA Shortcut
Already have a CPA? One signed profit-and-loss statement from them can replace two years of tax returns. Your accountant spends 15 minutes on a letter, and you skip the document nightmare.
The Contractor's Friend
Freelancers, gig workers, independent contractors — if you receive 1099s instead of W-2s, those forms are your golden ticket. We use your gross 1099 income, not the net number after deductions gutted it.
Other lenders see your tax return and run. We specialize in the borrowers they can't figure out -- and we've been doing it for years.
Mention your S-corp election, your quarterly estimated taxes, or your variable seasonal revenue and watch us nod — not stare blankly. We've structured thousands of self-employed loans. Your situation isn't weird to us. It's Tuesday.
Send us your statements. We'll calculate your qualifying income and tell you exactly how much house you can afford — before you fill out a single application. No obligation. No hard credit pull. Just answers.
No three months of back-and-forth. No 'we need one more document' every week. Once you're approved, we move fast — because your time is money, and you should be spending it on your business.
"Three banks turned me down. My tax return showed $52K but I deposited over $310K last year. CMS used my bank statements, and I was pre-approved in 48 hours. I closed on my house in 23 days."
— Restaurant Owner, Phoenix AZ
Other lenders make self-employed borrowers jump through hoops for months. We built a process that respects your time and skips the paperwork that was never designed for business owners.
Tell us about your business and what you're looking to buy. No tax returns to dig up. No hunting for two years of W-2s you never had. Just the basics -- done in one coffee break.
Send your bank statements, a CPA letter, or your 1099s. Our self-employed specialists review them within 24 hours and tell you exactly what you qualify for -- often a much bigger number than your tax return suggests.
Once your documents check out, we lock your rate and hand you a pre-approval letter -- typically within 48 hours. That's a letter you can take to your real estate agent and start making offers with.
No months of limbo. Our dedicated closing team keeps everything on track so you can get your keys fast. The average self-employed loan with CMS closes in 21-30 days.
You built a real business. You make real money. Stop letting your tax strategy stand between you and the house you've earned. Get pre-approved using your actual deposits — no obligation, no hard credit pull, no tax returns required.
You've got questions. We've got straight answers -- not the runaround you got from your last lender.
Simple math. We take your total deposits over the last 12 or 24 months and apply an expense factor based on your industry -- typically around 50%, but it varies. For example, if you deposited $289K over 12 months and your industry expense factor is 50%, your qualifying income is roughly $144K. Compare that to the $47K on your tax return after write-offs. Same business, dramatically different number.
It depends on how you run your business. Sole proprietors who deposit everything into a personal checking account? That works great. LLC or S-Corp with a dedicated business account? We'll use that instead. Some borrowers even use both. We'll look at your situation and recommend whichever approach shows the strongest income picture.
Most programs require 2 years of self-employment history. But here's the thing -- if you have strong credit, solid cash reserves, or worked in the same industry as a W-2 employee before going out on your own, some programs accept as little as 1 year. Our P&L program (The CPA Shortcut) is especially popular with newer business owners.
Minimum scores range from 620-660 depending on the program and down payment. A higher score unlocks better rates and lower down payment options. But even if your score isn't perfect, don't count yourself out -- we work with borrowers across the credit spectrum and can often find a path forward.
Done reading? Let's see what you qualify for.
Get Your Bank Statement Loan Quote