Income Type · Texas
Bank Statement Loan in Texas
Self-employed in Texas with strong deposits but soft tax returns? Bank-statement loans qualify you on cash flow.
Common challenges we solve
- Tax returns understate true income
- Need higher loan amount than DTI allows
- Newer business with limited W-2 history
What you get with Lumos
12 or 24-month statements
Loans up to $5M
Jumbo and non-warrantable condo eligible
What's different in Texas
Texas has no state income tax, but property tax rates are among the higher ones in the country, and newer subdivisions often add MUD or PID assessments — all of which count toward your monthly debt-to-income ratio.
Loan programs that typically fit
Frequently asked
- What's the expense ratio?
- Typically 30–50% depending on your business type.
- Can I use personal accounts?
- Yes — or a mix of business and personal.
Related pages
Get qualified in 60 seconds →Local guide: Bank Statement Loans in Houston, TXLocal guide: Bank Statement Loans in Dallas, TXBank Statement Loan in FloridaSelf-Employed Buyer in TexasGig Worker / 1099 Contractor in TexasAsset-Based / Asset Depletion in TexasHouston, Texas Mortgage BrokerSugar Land, Texas Mortgage BrokerThe Woodlands, Texas Mortgage Broker
