Bank Statement Loans

— NON-QM LOAN PROGRAMS

Bank Statement

Loan Programs

Flexible mortgage solutions for self-employed borrowers using bank statement income verification in Hawaii and other markets where Pacific Home Loans is licensed.

— ABOUT NON-QM LOANS

Hawaii Bank Statement
Loan Programs

Pacific Home Loans offers bank statement loan programs for self-employed borrowers throughout Maui, Oahu, Kauai, and the Big Island. Bank statement loans are a type of alternative documentation (Non-QM) financing that allows borrowers to qualify based on cash flow reflected in bank deposits, rather than traditional tax returns. These programs are commonly used by business owners, entrepreneurs, and investors whose tax returns may not fully reflect their income.

Multi-State Availability
Pacific Home Loans provides bank statement loan solutions in multiple states, including Hawaii, California, Nevada, and other markets where we are licensed. While this page focuses on Hawaii-specific guidance, these programs may be applied to transactions in other states based on borrower profile, property location, and program eligibility.

— PROGRAM DETAILS

How Bank Statement
Loans Work

Instead of relying on W-2s or tax returns, bank statement loans evaluate:

Personal bank statements
Business bank statements
Deposit consistency and trends
Expense ratios, when applicable

Income is calculated based on actual cash flow, providing a more accurate representation of earnings for self-employed borrowers.

— PROGRAM DETAILS

Who These Programs
Are Designed For

Bank statement loans may be appropriate for:

Self-employed borrowers and business owners
Independent contractors and freelancers
Real estate investors with active business income
Borrowers with significant write-offs on tax returns that understate income

These programs are especially useful when tax returns understate income, income is variable or seasonal, or traditional underwriting does not reflect true earning capacity.

Eligible Property Types
Bank statement loans may be used for primary residences, second homes, investment properties, and condominium properties subject to project eligibility.

For condominium projects requiring additional review:
→ PrimeResort™ Condo Financing

Loan Features & Flexibility
Bank statement loan programs may offer flexible income qualification, higher loan limits than traditional programs, and solutions for complex financial profiles across multiple property types. Loan structure varies based on borrower profile, property type, transaction details, and underwriting guidelines.

When Additional Structuring May Be Needed
Some transactions may require additional flexibility due to higher loan amounts, complex asset structures, timing of asset liquidation, or competitive purchase scenarios. In these cases, structured capital solutions may be appropriate.

→ Portfolio Loans & Flexible Financing Solutions

— SPECIALIZED FINANCING

Bank Statement vs
Other Non-QM Options

Bank statement loans are one of several alternative documentation solutions. Other options include DSCR Loans for property cash flow qualification, Asset-Based Loans for asset qualification, 1099 Income Loans, and Foreign National Loans. Each program is designed for a different borrower profile.

→ Non-QM Loan Options

— NON-QM LENDING

Non-QM & Resort
Condominium Financing

Bank statement loans are non-agency mortgage products that require full underwriting review. They may have different pricing than conforming loans, are subject to investor guidelines and overlays, and may require reserves depending on the transaction. All approvals are based on borrower documentation and program eligibility.

Compare Non-QM Options