Get approved for a bank statement mortgage in Michigan. REIF Loans helps self-employed borrowers qualify with 12-month statements and alt-doc options.
If you’re self-employed or own a small business in Michigan, qualifying for a mortgage using tax returns can be difficult. Traditional underwriting often overlooks the real financial strength of business owners. That’s why REIF Loans offers bank statement mortgage programs, a flexible Non-QM loan option built for entrepreneurs, freelancers, and independent professionals.
Instead of using W-2s or tax returns, you can qualify based on 12 or 24 months of bank statements that show your true income flow. We make home financing simple, transparent, and designed around your actual earnings.
A bank statement mortgage is a Non-Qualified Mortgage (Non-QM) that lets borrowers verify income through bank deposits instead of tax forms. It’s ideal for self-employed borrowers whose taxable income doesn’t reflect their real cash flow.
This program helps Michigan’s independent earners from Ann Arbor designers to Grand Rapids tradespeople achieve homeownership on their own financial terms.
The process is simple, straightforward, and designed for flexibility. Instead of reviewing tax returns, REIF Loans calculates qualifying income directly from your average monthly bank deposits.
Bank statement loans allow Michigan borrowers to show financial stability and strength without the limits of conventional guidelines.
Approval based on real cash flow, not adjusted taxable income.
12- or 24-month options for consistent earners.
Perfect for freelancers, consultants, and entrepreneurs.
Available for both residential and investment properties.
Streamlined underwriting designed for self-employed borrowers.
This program gives Michigan’s independent workforce a smarter path to homeownership.
Alternative documentation or Alt-Doc mortgages are designed for borrowers who have strong income but unconventional documentation.
REIF Loans has extensive experience helping self-employed borrowers across Michigan navigate Non-QM and Alt-Doc programs. We don’t use cookie-cutter underwriting; we analyze your real financial picture to match you with the best program available.
Whether you’re refinancing, buying, or expanding your portfolio, our goal is to help you qualify with confidence.
You can use either. Lenders typically average deposits from the most consistent account.
Yes, one year of self-employment history may qualify depending on income strength.
No. Most lenders accept scores as low as 620 with compensating factors.
 Yes. REIF Loans offers bank statement mortgage programs statewide.
Whether you’re a Michigan consultant, builder, or small business owner, REIF Loans makes financing accessible with flexible documentation and expert support.
Get prequalified quickly using your bank statements and take the next step toward owning or refinancing your home.
REIF Loans currently offers mortgage and loan services in select licensed states. Information provided on this website, including references to Non-QM loans, commercial loans, and conventional loans, is for general educational and informational purposes only and does not constitute an offer to lend in jurisdictions where REIF Loans is not licensed. Loan availability, terms, and conditions may vary by state. Please contact us directly to confirm eligibility and licensing for your specific location.
