Your business deposits tell the real income story. No tax returns required.
The Rio Grande Valley has one of the highest rates of self-employment in Texas. Family-owned businesses, trucking companies, import/export operations, contractors, medical clinics, and retail shops drive the Valley economy — and most of their owners show minimal taxable income on their returns because they run expenses through the business. Bank statement loans are built for this exact situation. I can document your real income using 12–24 months of bank statements. If your business is strong and your deposits are consistent, we can get you approved.
RGV business owners often have seasonal revenue spikes — import/export activity, agricultural cycles, retail holiday seasons. I know how to work with seasonal patterns and present the income picture to underwriting in the most favorable, accurate way.
I start every bank statement conversation with a deposit analysis. We go through 12 months of statements together, identify business deposits vs. personal transfers, apply the expense ratio, and calculate qualifying income before anything else. No surprises.
Bank statement loan rates run 0.5–1.5% above conventional rates. Down payment typically 10–20%. No PMI on most programs. For RGV business owners with strong cash flow, this is often the only viable path to homeownership and is worth the rate premium.
This is a complex situation. Deposits from a foreign business generally require documentation of the business's structure and your relationship to it. For borrowers with cross-border operations, we often look at the US-side accounts specifically. Let's review your specific situation — every case is different.
Standard programs use 12 or 24 months of statements. The 24-month option usually produces a higher income figure for established businesses. 12-month programs work well for businesses that have grown significantly in the past year. I run both scenarios to see which produces the best qualifying income.
Get into your first home with 3.5% down — down payment assistance may cover it all.
Learn More →You served. Zero down, no PMI, competitive rates — you've earned this benefit.
Learn More →Move-up buyers and investors — conventional financing opens doors FHA can't.
Learn More →Free consultation. I'll tell you exactly what you qualify for in Rio Grande Valley and what your real monthly payment will be. Pre-approval in 24 hours.
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