Non-QM · Texas
Bank-statement loans for self-employed Texas borrowers.
Qualify on deposits instead of tax returns. 12- or 24-month statements, subject to underwriting.
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Talk to us about a bank-statement / Non-QM loan in Texas
We work Texas files in Houston, Dallas-Fort Worth, Austin, San Antonio, and the growing suburbs between them.
- Have 12–24 months of statements handy.
- Tell us the Texas town or price range.
- No rate, approval, or timing guarantees.
Licensed lender and broker. No rate, approval, or timeline guarantees.
Self-employed in Texas
Texas has no state income tax and one of the largest self-employed workforces in the country: construction and trade businesses, oilfield service owner-operators, truckers, real estate professionals, and fast-growing small businesses around every metro. Tax returns are designed to keep taxable income low, which is exactly what can make a conventional mortgage hard to get. A bank-statement loan looks at deposits instead.
Texas details worth knowing
Texas property taxes are relatively high, which can matter more in underwriting than the lack of a state income tax. Cash-out refinances on a Texas homestead follow Texas constitutional home-equity rules, including an 80% loan-to-value limit.
How a bank-statement loan works
- Pick the statement period. 12 or 24 months of personal or business statements, depending on which better reflects your income.
- Calculate qualifying income. Personal statements usually count eligible deposits. Business statements usually apply an expense factor or use a CPA or tax-preparer letter.
- Underwrite the rest of the file. Credit, down payment, reserves, and the property are reviewed like any other mortgage, subject to the investor’s guidelines.
- Fund it or shop it. In Texas, Forte Financial is a licensed direct lender: we can fund your loan in-house, or shop it with our investor network if another investor fits the file better.
Loan amounts on these programs can go up to about $3 million, subject to credit, assets, and the property. Primary homes, second homes, and investment properties may all be eligible.
What to have ready
- 12–24 months of statements for every account you want counted
- Proof you have been self-employed long enough, often two years
- Down payment and reserve statements
- A property address or a target price range
Who it often fits in Texas
- Construction and trade business owners
- Oilfield service owner-operators
- Owner-operator truckers
- Real estate agents, investors, and small-business owners
If your returns show a loss but your accounts show steady deposits, have the conversation before you assume the answer is no.
Programs, guidelines, and availability change and are subject to credit, income, property, and underwriting approval. Nothing here is a rate quote, a commitment to lend, or a guaranteed timeline. Licensed in Texas. Verify Forte Financial’s licenses at NMLS Consumer Access.
Frequently asked questions
Can I do a cash-out refinance on my Texas home with a bank-statement loan?
Possibly, but Texas homestead cash-out loans follow Texas constitutional rules, including an 80% combined loan-to-value cap and required waiting periods. Fewer Non-QM investors offer Texas cash-out on a homestead. Purchases and rate-and-term refinances are simpler.
Is a bank-statement loan more expensive than conventional?
Often, yes. Non-QM pricing is usually higher than agency pricing because of the different documentation. Call for today’s terms. We do not post rates that may be outdated.
Can I buy an investment property with a bank-statement loan?
Many programs allow primary homes, second homes, and investment properties. If the property is a rental, compare a DSCR loan too, which qualifies on rent instead of your income.
How many months of bank statements do I need?
Most programs use 12 or 24 months of personal or business statements. Some allow a mix. Which one fits better depends on how steady your deposits have been.
Are you a broker or a lender?
In Texas, Forte Financial is a licensed direct lender: we can fund your loan in-house, or shop it with our investor network if another investor fits the file better. Licensed in Texas. Verify Forte Financial’s licenses at NMLS Consumer Access.
Related pages
Also in Texas: DSCR investor loans in Texas
Bank-statement loans in other states we serve: Connecticut · New York · New Jersey · Massachusetts · Pennsylvania · Florida · South Carolina · North Carolina
Learn: Bank statement loan requirements for the self-employed · DSCR vs. bank-statement loans: which fits?
Bank-statement / Non-QM program overview → · All states and loan types →
Start with a call or the application.
Tell us about the Texas property and what you are trying to do. We will tell you honestly whether Bank-statement / Non-QM fits.