Self-Employed Income Calculator
Estimate your qualifying income based on your average monthly bank statement deposits.
*Calculated using a standard 50% expense factor.
Unlock Your Full Income Analysis
Bank statement qualifying is nuanced. We've used a standard 50% factor, but some industries qualify for much higher income. Get your precise pre-approval amount now.
How It Works
For self-employed borrowers, we often use bank statements instead of tax returns. We average your deposits and apply an expense factor (typically 50%) to find your qualifying income.
Business vs. Personal
You can use either business or personal statements. Expense factors may vary based on the account type.
Eligible Deposits
Only business-related transfers and revenue deposits are counted. Internal transfers are excluded.
Industry Factors
Some industries with low overhead may qualify for a lower expense factor, increasing your buying power.
Get Your Self-Employed Quote
Contact Details
Quote Request Received!
Kyle or a team member will reach out via text or email within the next 6 hours to review your options.
- KYLE JESSEE LENDING TEAM
- MOVEMENT MORTGAGE
184 Duke of Gloucester St Suite 1B, Annapolis, MD 21401
NMLS #1212644 | Kyle.Jessee@movement.com