Bank Statement Loans

If you’re self-employed, a business owner, or an entrepreneur, qualifying for a traditional mortgage can be challenging. Conventional loans, FHA loans, VA loans, and most other mortgage programs require both business and personal tax returns — which may not reflect your true income due to legal tax deductions.

At JZ Mortgage Services, Inc., we specialize in helping self-employed borrowers secure financing with our Bank Statement Only Mortgage Program — no tax returns, no IRS income verification, and no traditional employment requirements. We work with over 100 wholesale lenders to match you with the best mortgage programs, interest rates, and terms available.

How Our Bank Statement Loan Program Works

Instead of tax returns, we use documented bank deposits to calculate your qualifying income:

• Required Documentation: Typically, the last 12 months of business bank statements from the date of application.

• Qualifying Process: Each borrower is reviewed individually based on income, credit score, and overall financial profile.

• Expense Ratio Advantage: Many lenders use a standard 50% expense ratio, but an accountant’s letter can reduce this ratio, increasing your qualifying income and purchasing power.

Why Self-Employed Borrowers Choose Bank Statement Loans

If you’re a real estate investor, freelancer, or independent contractor with lower reported income on your tax returns, this program is designed to help you qualify for home loans in Florida and beyond.

Real-Life Example:
George owns a successful business selling replica model cars. He deposits $30,000 monthly into his business account — totaling $360,000 annually. However, after tax deductions, his returns show only $40,000, disqualifying him for a $1M home under traditional guidelines.
With our Bank Statement Mortgage Program, George qualified using his $30,000 monthly deposits — and purchased his dream home on Anna Maria Island.

Benefits of a Bank Statement Mortgage

• No tax returns or IRS income verification required

• Qualify using bank deposits instead of taxable income

• Perfect for self-employed homebuyers and real estate investors

• Competitive Florida mortgage rates from over 100 lenders

• Available for primary residences, second homes, and investment properties

JZ Mortgage Services, Inc. is your trusted partner for self-employed mortgage solutions. Contact us today at (888)217-1526 to see if a Bank Statement Only Mortgage is the right loan program for you — and turn your deposits into the key to your next home.