Non-QM, No Tax Returns

Bank Statement Income Pre-Screen

Qualify on business deposits instead of tax returns. Expense ratio, ownership share, and what the resulting income supports as a purchase.

The Accounts

Deposits

Account transfers, SBA/EIDL draws, chargebacks, unverifiable cash

Expense Ratio

Accepted between 15% and 50% — service businesses sit low, retail and logistics high

Borrowing Power

Today's average as of September 24, 2026 plus 1 pt. Adjust to your quote.

Taxes, insurance and HOA as a share of the full payment

Results

Qualifying Monthly Income

$28,125

From deposits alone, no tax returns

$37,500 a month in eligible deposits, at a 25% expense ratio and 100% ownership, gives $28,125 a month of qualifying income — $337,500 a year, with no tax return involved. At 50% DTI and $1,200 of other debts, that supports about $12,863 a month of housing payment.

Expense Ratio Applied

25%

Where That Came From

CPA attestation letter

From deposits to income

Net Eligible Deposits$450,000
Monthly Average$37,500
Qualifying Monthly Income$28,125
Annualised$337,500

What that supports

Max Total Monthly Debt$14,062.50
Max Housing Payment$12,862.50
Estimated Loan Amount$1,254,611.24
Estimated Purchase Price$1,568,264.05

The loan and purchase figures are an estimate, not a pre-approval: they assume a share of the payment goes to taxes and insurance, which varies by county and property, and they assume the down payment is money you actually have. Deposits must be verifiable — transfers between your own accounts, SBA or EIDL draws, refunds and unexplained cash all come out before anything is counted. Programs vary by lender on ratios, periods and reserves, and none of this is an eligibility decision.

Get pre-qualified with these numbers

Carries these figures into the 2-minute form. No credit pull.

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FAQ

Bank Statement Calculator Questions

Straight answers from a California mortgage broker.

Because they measure different things. A tax return is engineered to reduce taxable income through depreciation, home office, equipment and contract labour, so a business with strong cash flow can show very little profit. A bank statement program ignores the return and reads the deposits instead, then applies an expense ratio to get from revenue to income. A contractor showing $42,000 of net profit can have $450,000 of eligible deposits.
Revenue is not profit, so lenders discount gross business deposits to estimate what is really income. 50% is the default when nothing else supports a lower figure. A CPA or enrolled agent can attest to less — commonly 15-30% for consulting, legal, software and other service businesses where costs are mostly the owner's time, and 35-50% for retail, restaurants and logistics that carry inventory and payroll. The letter has to be written; it is not a number you choose.
Yes, and they can be credited in full rather than discounted — but only when your business banking is genuinely separate, so the money arriving in the personal account is income you have already drawn. If business revenue lands directly in your personal account, those deposits are revenue and get the standard expense ratio. That single distinction roughly halves the answer, which is why this calculator asks rather than assuming.
Twelve suits a business whose recent year is much stronger, since it does not average in a weaker prior year. Twenty-four suits seasonal or uneven income, and often prices slightly better because the lender sees more history. If your deposits are growing, twelve usually qualifies you for more.
Anything that is not revenue: transfers between your own accounts, loan proceeds including SBA and EIDL, refunds and chargeback reversals, and large cash deposits without a verifiable trail. Underwriters go through the statements line by line, so it is worth being honest with that figure here — an optimistic number produces an optimistic answer that will not survive the file.

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Calculators estimate. A two-minute pre-qualification gets you rates from 100+ lenders for your exact situation.

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This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Rates, terms, and availability of programs are subject to change without notice.

Reviewed by Joann Ton, Loan Officer (NMLS# 1461031) | Last updated: September 2026