Bank statement loans are non-qualified mortgages, so they tend to be riskier and more expensive than traditional mortgages. Unlike a traditional mortgage, which requires pay stubs or tax returns ...

A bank statement is a document issued by your financial institution that shows your account activity over a period of time. Most bank statements are produced on a monthly basis.

A bank statement loan allows you to apply for a mortgage without having to prove your income via pay stubs, W-2s or tax returns. Instead, lenders use recent bank statements to assess your earnings.

Learn how bank statement loans help self-employed borrowers qualify for mortgages using real income, not tax returns — ideal ...

Bank statement loans are a type of non-qualified (non-QM) mortgage, which may make it easier for self-employed borrowers to buy a home. Lenders can use previous bank statements to vet potential ...

A bank statement summarizes your account activity – typically, in monthly increments. It’ll show your deposits, withdrawals, transfers, written checks and balances.

Bank statements typically cover a full month, starting on the first day and ending on the last day, though some banks may use a different schedule.

Explore what a paper bank statement fee is and how you can avoid these costs in 2025. Our guide lists paper statement fees from popular banks.