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Bank Statement Loans

The perfect  option  for borrowers who self-employed business owners.

Self-employed borrowers represent an underserved market in the mortgage industry. NW Alternative Mortgage's bank statement loan program is the perfect option for self-employed borrowers who need an alternative method to show the true cash flow of their business. 


Our Bank Statement program provides a loan solution to help underserved credit-worthy self-employed borrowers who otherwise would not qualify for a home loan. Contact our team today to find out if a bank statement loan is the right solution for you!

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   Bank Statement Loan Features


  • Loans up to $3 million with a minimum of $150,000

  • 12 or 24 months business or personal bank statements

  • Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu

  • Rates are 30-year fixed

  • Two years self-employed required

  • Borrowers can own as little as 50% of the business for business bank statements and 25% for personal bank statements

  • Purchase and cash-out or rate-term refinance

  • Owner-occupied, second homes, and non-owner occupied

  • 40 year interest only available

  • Most loans will be qualified on an expense factor of 50%. Companies with a lower expense factor will require a statement from a third party CPA or tax preparer. (Some industries with traditionally higher expense factors will be underwritten with a 70% expense factor)

  • Loan amounts greater than or equal to $1,500,000, a borrower paid second appraisal must be obtained

  • Non-permanent residents allowed

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Conventional vs Bank Statement Loans 

NOTE: It's important to note that the specifics of conventional and Non-QM mortgage loans can vary depending on many factors. This chart provides a general overview of the key differences between the two types of loans. Contact us at 503-343-7999 to learn more about the lending solutions we offer!

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Contact Us

Lending Office

17125 Boones Ferry Rd, Lake Oswego, OR 97035


Direct Line: 503-343-7999 


Office Hours

Mon - Fri

9:00 am – 5:00 pm

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