If you're self-employed in Florida, there's a smart way to qualify for a home loan—without tax returns. A Bank Statement Loan lets you use 12 to 24 months of personal or business bank statements to verify income. No W-2s. No pay stubs. Just real income from your business—evaluated on your terms.
And here’s the best part:
Bank Statement Loan rates in Florida have dropped, making this the perfect time to buy or refinance.
What is a Florida Bank Statement Loan?
A Bank Statement Loan (or Bank Statement Mortgage) is designed for self-employed borrowers who don't fit into the traditional lending box. Instead of showing W-2s or tax returns, you'll qualify using your bank statements.
Florida Bank Statement Loan Highlights:
No tax returns required
Loan amounts up to $5 million
Fast preapproval—
often within 48 hours
30- and 40-year fixed
or interest-only terms
Who Qualifies for a Bank Statement Loan in Florida?
To qualify for a Bank Statement Loan in Florida, you typically need:
- Self-employment history of at least 2 years
- 12 to 24 months of personal or business bank statements
- Tax preparer letter verifying 2 years’ self-employment
- Minimum credit score of 660
- At least 10% down payment
- Flexible debt-to-income (DTI) ratios
- Primary homes, second homes, and investment properties eligible
Why Choose a Bank Statement Loan in Florida?
Florida is a hotspot for entrepreneurs, freelancers, and real estate investors. Whether you're based in Miami, Orlando, Tampa, or Jacksonville, a Florida Bank Statement Loan can make homeownership or investment more accessible—without traditional income documentation.
We offer:
Low bank statement loan rates on primary, second homes, and rental properties
Tailored loan solutions for Florida’s self-employed borrowers
Cash-out refinancing and interest-only options available
Flexible Loan Terms That Fit You
Florida Bank Statement Loans offer real flexibility:
- 30- or 40-year fixed loans (fully amortized)
- Interest-only options: 40-year term with 10-year interest-only period
- Rate-and-term or cash-out refinance—up to $5 million
Lower Your Rate with Points
or Go Zero-Fees
Want a lower rate? Use discount points to buy it down. Want to avoid the origination fees? Opt for a slightly higher rate instead.
At HomeLife Mortgage, we walk you through both options so you can make the best financial decision.
Why Work with HomeLife Mortgage?
Unlike banks or retail lenders, we shop with multiple wholesale lenders to secure the best Florida Bank Statement Loan for you.
With HomeLife Mortgage, you get:
Access to exclusive bank statement loan programs
Fast preapprovals (often in 48 hours)
Over 40 years of experience working with self-employed borrowers
Florida-specific expertise and local insight
If you’re hungry for more insights, be sure to check out our other blog posts and subscribe to our YouTube channel for even more tips and tricks.
Call HomeLife Mortgage now and let us help you get pre-approved now!
Our Commitment to Excellence
At HomeLife Mortgage, our dedication to excellence is evident in the success stories of our clients. We pride ourselves on delivering top-tier service and financing solutions that meet our clients' needs. But don’t just take our word for it—hear it from those who matter most: our clients. Our Trustpilot reviews reflect our unwavering commitment to helping you achieve your homeownership and investment goals.
The Ultimate Guide for Bank Statement Loans eBook
Download our free eBook to learn the ins and outs of DSCR Rental loans and everything you need to know to apply and qualify for your loan.
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Questions?
Click the live chat window on our site or call (888) 677-2526. Our team is ready to assist you!
About HomeLife Mortgage
For more than 25 years, HomeLife Mortgage has built a strong reputation in California and Florida as a leading mortgage broker, servicing the needs of borrowers who have been unable to obtain conventional financing. HomeLife Mortgage is at the forefront of non-bank lending offering the next generation of mortgages including Jumbo Loans, Real Estate Investor Loans, and Bank Statement Loans.
