If you're self-employed in Texas, qualifying for a home loan just got easier. A Texas Bank Statement Loan lets you verify income using 12 to 24 months of personal or business bank statements—no tax returns, W-2s, or pay stubs required.
And here’s the best part:
Bank Statement Loan rates in Texas have come down, making it a great time to buy or refinance.
What is a Texas Bank Statement Loan?
A Bank Statement Loan (also called a Bank Statement Mortgage) is designed for self-employed borrowers who don’t meet traditional lending criteria. Instead of tax returns, you'll use your bank statements to prove income—perfect for entrepreneurs, business owners, and 1099 earners across Texas.
Texas 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 Texas?
To qualify for a Bank Statement Loan in Texas, you typically need:
- 2+ years of self-employment
- 12 to 24 months of personal or business bank statements
- CPA or tax preparer letter confirming self-employment
- 660+ credit score
- At least 10% down
- Flexible DTI (debt-to-income) ratios
- Eligible for primary, second homes, or investment properties
Why Choose a Bank Statement Loan in Texas?
Texas is a magnet for self-employed professionals—from tech founders in Austin to real estate investors in Dallas to freelancers in Houston. A Texas Bank Statement Loan gives you access to homeownership without the paperwork burden of traditional loans.
We offer:
Competitive rates for primary residences, vacation homes, and rental properties
Custom loan solutions for Texas-based business owners
Cash-out refinancing and interest-only options available
Flexible Loan Terms Built For You
Texas Bank Statement Loans offer the kind of flexibility you need:
- 30- or 40-year fixed options
- Interest-only options: 40-year term with 10-year interest-only period
- Cash-out or rate-and-term refinancing—up to $5 million
Lower Your Rate with Points
or Choose Zero Fees
Want to reduce your rate? Buy it down with points. Want to skip the fees? Go with a slightly higher rate and no origination cost.
At HomeLife Mortgage, we walk you through both strategies to find what fits your financial goals.
Why Work with HomeLife Mortgage?
We’re not a bank. We’re better. At HomeLife Mortgage, we partner with multiple wholesale lenders to get you access to exclusive programs, lower rates, and faster approvals.
With us, you get:
Fast preapprovals in as little as 48 hours
Exclusive access to bank statement loan programs
40+ years helping self-employed Texans
Texas-specific insight and real market experience
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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.
