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.


  • Up to 90% Max LTV
  • Loan Amounts: $125K–$3.5M
  • Purchase, Rate and Term, Cash Out
  • OO, Second Homes, NOO Business Purpose
  • Min FICO Score of 640; Qualifying off Primary Wage Earners Middle Score
  • Min 2 Months Bank Statement With 1+ Years of CPA/EA-Prepared P&L
  • Less Seasoning on Recent Credit Events
  • U.S. Person and ITIN


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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.