Bank Statement Loan: Refinance or Cash-Out with No W-2s or Tax Returns
You’ve Built Equity—Now Let’s Help You Access It (Even Without Traditional Proof of Income).
If you’re self-employed, on commission, or earning variable income from contracts or bonuses, you may feel locked out of refinancing. But the truth is: you can still lower your rate, change your loan term, or pull cash out—you just need a more flexible underwriting strategy.
That’s where Flexible Income Refinance Loans come in.
What Is a Flexible Income Refinance Loan?
A Flexible Income Refinance is a Non-QM loan designed to help homeowners refinance using non-traditional income documentation, such as:
- Personal or business bank statements
- 1099s (for contractors or freelancers)
- CPA-prepared profit & loss statements
- Bonus and commission history
- Asset depletion (for retirees or investors)
Whether you’re looking to lower your payment or cash out equity, we’ll help you qualify based on how you actually earn.
Why Refinance with a Flexible Income Loan?
You may want to:
- Lower your monthly mortgage payment
- Switch from ARM to fixed rate
- Pull out equity for renovations or investments
- Pay off high-interest debt
- Consolidate two mortgages into one
All without needing traditional income verification.
What Are the Requirements?
Each program is customized, but generally:
- Credit Score: 620+
- Down Payment: 10%–20%
- Documentation: 12–24 months of income (bank statements, 1099s, or P&L)
- DTI: Flexible but usually under 45%
- Reserves: Often 3–6 months of mortgage payments
We’ll review your income for free and show you multiple loan options side by side.
Who It’s For
Perfect for:
- Freelancers, contractors, and gig workers
- Business owners and consultants
- Commission-based sales professionals
- Real estate agents or medical workers with inconsistent schedules
- Retirees with asset-based income
Still building your business? Learn about Bank Statement Refinance Options
Final Word: Don’t Let Paperwork Limit Your Possibilities
You’ve done the hard part—earning the income and building equity. Now let’s structure a refinance loan that respects your hustle and unlocks what you’ve earned.
Schedule Your Flexible Income Refi Call Today
Ready to Take Your First Step?
Skip the guesswork. Take our quick Discovery Quiz to uncover your top financial priorities, so we can guide you toward the wealth-building strategies that fit your life.
- Takes just 5 minutes
- Tailored results based on your answers
- No credit check required
Need a Pre-Approval Letter—Fast?
Buying a home soon? Complete our short form and we’ll connect you with the best loan options for your target property and financial situation—fast.
- Only 2 minutes to complete
- Quick turnaround on pre-approval
- No credit score impact
Got a Few Questions First?
Let’s talk it through. Book a call and one of our friendly advisors will be in touch to guide you personally.