Bank Statement Loan
A non-QM loan that qualifies on 12–24 months of bank deposits (used as a proxy for income) instead of tax returns. Used by self-employed borrowers buying primary residences. DSCR is generally a better fit for investment property. See DSCR vs Bank Statement →
Why it matters on a DSCR loan
Self-employed investors often assume they need a bank statement loan for everything, but for a rental property a DSCR loan usually documents faster since the property's rent does the qualifying instead of your deposits. Bank statement programs earn their keep when the subject property is a primary residence or when the rental doesn't cash flow. If you run both scenarios, compare total documentation burden as well as rate — gathering and explaining 12–24 months of deposits is a heavier lift than most investors expect.
Related terms
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DSCR Calculator Get a QuoteReviewed by Arin Baghermian, Broker Owner — NMLS #1220456 · Last reviewed July 2, 2026 · DSCR Capital Partners is a brand of UTM Financial, LLC (NMLS #2591548).