Bank statement · North Florida

Self-employed in North Florida?Qualify on deposits.

North Florida has a heavy self-employed and 1099 population: doctors and attorneys in Ponte Vedra and Sutton Park, real estate agents and consultants throughout Duval and St. Johns, contractors and tradespeople across Clay County. Bank-statement loans are built for these files.

Get Pre-Approved (904) 389-4635

Why bank-statement loans matter in North Florida

The standard conventional loan looks at tax returns. Self-employed borrowers in North Florida regularly have legitimate business deductions that drive taxable income well below actual cash flow.

A bank-statement loan looks at 12-24 months of business or personal bank statements, applies a reasonable expense ratio, and qualifies you on what's actually flowing through your accounts.

Who fits well across North Florida

Where the program fits

Northeast Florida self-employed file profiles.

MD/DDS

Medical professionals

Doctors, dentists, surgeons - especially Ponte Vedra, Sutton Park, San Marco.

1099

Realtors + sales

Real estate agents, sales reps, consultants. Common across all three counties.

LLC

Business owners

LLC and S-Corp owners whose K-1 income understates take-home.

The full fit list includes:

Doctors, dentists, attorneys with established North Florida practices
1099 sales reps, consultants, and real estate agents (huge population in NE Florida)
Business owners (LLC, S-Corp) where K-1 doesn't reflect cash flow
Contractors, tradespeople, long-haul truckers with Clay County operations
Charter captains, fishing guides, and tourism-related Florida businesses

North Florida specifics

Insurance and HOA in coastal and gated communities (Ponte Vedra, oceanfront, Sutton Park) factor into the qualifying ratios
Florida homestead exemption still applies; bank-statement loans don't change that
Investment property in St. Augustine, Vilano, or Beaches Vrbo / short-term-rental files often use bank-statement programs
Nine wholesale lenders run bank-statement programs with different niches; Rocket, UWM, and Nations Direct lead the named desks, and we shop your file across all of them

North Florida bank statement questions

What North Florida self-employed borrowers ask.

Does Florida's lack of state income tax help?

It doesn't change underwriting per se - bank-statement programs look at deposits regardless of state tax framework. But Florida homestead exemption + no state income tax does mean more take-home cash flow, which can show up favorably in the bank-statement deposit pattern.

I'm a Realtor. Can I qualify with my 1099 income?

Yes. Real estate agent files are one of the most common bank-statement use cases in North Florida. Most programs want to see 12-24 months of statements showing consistent commission deposits.

What about charter captain or fishing guide income?

Tourism-related income is often seasonal. Programs flexible enough to look at annual averages over 12-24 months work well; we steer you toward those rather than programs that want monthly consistency.

Can I do a bank-statement loan on an investment property?

Yes. Investment-property bank-statement loans are common in St. Augustine and Beach-area short-term-rental files. Down payment requirements are higher and rates run a bit above primary-residence pricing, but the program works.

North Florida self-employed

Get a real bank-statement quote today.

Bring 12-24 months of bank statements (business or personal). We model what underwriting will see across nine wholesale lenders.

Get Pre-Approved (904) 389-4635