What is a 2 Month Bank Statement?

The 2 month bank statement loan product is a game-changer for self-employed borrowers. Instead of the traditional documentation, your borrowers can qualify using a 12 or 24 month P&L plus 2 month bank statements. Does your borrower want cash out? There’s great flexibility based on the LTV. And the best part? It works for a variety of properties, from single-family homes to condos, and even some rural spots. It’s a flexible and accommodating option for those who march to the beat of their own drum.

Need a 2 Month Bank Statement loan scenario review?

If you have a client scenario that you would like our team to review, please use our simple prequal submission form.


  • Max 90% LTV / 640 Min FICO
  • > 85% LTV With 760 FICO to Max $1.5M
  • Loan Amounts From $125K to $3.5M
  • Purchase, Rate/Term and Cash Out
  • OO, Second Home, NOO (Business Purpose)
  • 1 or 2 Years of CPA/EA/PTIN-Prepared P&L With Min 2 Months Bank Statements
  • U.S. Citizen, Permanent and Non-Permanent Residents


Become an Approved
Broker in Just Minutes!

Offer your clients even more financing options by becoming an NQM Funding, LLC-approved broker. You’ll gain access to our competitive loan packages, flexible programs, and top-quality support service to ensure that your clients are getting the best deal, every time.


This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with all laws and regulations. Distribution to the general public is prohibited. Rates and programs are subject to change without notice.