Bank Statement Loans | Alabama

Alabama's self-employed workforce continues to grow, with many entrepreneurs, freelancers, and small business owners seeking flexible mortgage solutions. Traditional home loan qualification methods often pose challenges for self-employed borrowers due to variable income and tax write-offs. Bank statement mortgage loans provide an alternative financing option by allowing applicants to verify income using 12 to 24 months of personal or business bank statements instead of tax returns. This type of loan is ideal for self-employed individuals in Alabama looking to purchase a home, refinance an existing mortgage, or access cash-out equity without the need for traditional income documentation.