Bank Statement Calculator
Simply fill out our Bank Statement Income Questionnaire along with your bank statements and we'll calculate and come back to you with your numbers in 2–4 hours on average.
How to request a bank statement income calculation
The Industry's Fastest Bank Statement Income Analysis
Free, broker-only income calculation for self-employed borrowers — delivered in under 24 hours so you can quote, structure, and close with confidence.
2–4 Hour Turn Time
Most bank statement income calculations are returned within 2–4 hours of submission.
Complimentary Service
Free bank statement income analysis — no broker approval or sign-up required.
4 Bank Statement Programs
First Class, Business Class, Premium Class, and Connecting Flight Seconds.
Pair Your Calculation with the Right Jet Program
Once you have your qualifying income, structure the deal under one of these Non-QM programs — all accept 12 or 24 month bank statements.
First Class
Superior execution and flexibility for your A+ borrowers — Primary, Second Home & Investment with Full Doc, Bank Statement, 1099, WVOE & Asset Depletion; loan amounts up to $3,500,000
- Owner-Occupied: Up to 90% LTV, loan amounts $150K–$3,500,000, min FICO 660
- Second Home & Investment: Up to 85% LTV, loan amounts to $3,500,000 / $3,000,000, min FICO 660
- Income: Full Doc (12/24mo), Bank Statement (12/24mo), 1099, WVOE (to 80% LTV) & Asset Depletion/Qualifier (to 85% LTV, Primary)
- Max DTI 50% (up to 55% on Primary, 700+ FICO, ≤80% LTV); Interest Only to 85% LTV with 700+ FICO
- Cash-out up to $750K (LTV > 60%); no limit when LTV ≤ 60%
- Credit events eligible with 48+ month seasoning; 2–4 units & warrantable condos to 85% LTV, non-warrantable to 80%
- Product types: 15/30yr Fixed, 30/40yr Fixed with 10yr I/O, and 5/6, 7/6, 10/6 SOFR ARMs
Business Class
Flexible Non-QM financing for Primary, Second Home & Non-Owner — Full Doc, Bank Statement & 1099; Owner loan amounts up to $3,500,000 and Non-Owner up to $2,000,000
- Primary Residence: Up to 90% LTV, loan amounts $100K–$3,500,000, min FICO 660
- Second Home: Up to 85% LTV, loan amounts to $3,000,000, min FICO 680
- Non-Owner Occupied: Up to 85% LTV, loan amounts to $2,000,000, min FICO 640 (see Non-Owner Matrix)
- Income: Full Doc (1yr/2yr), Bank Statement (12/24mo), or 1099 (12/24mo)
- Max DTI 45% (50% when LTV ≤ 80%); reserves 0–12 months based on LTV & loan amount
- Credit events eligible with 48-month seasoning; Cash-out up to $1M, proceeds may be used as reserves
- Interest Only up to 120 months (min FICO 680, to 85% LTV); Product types: 5/6 & 7/6 SOFR ARM, 15/20/30yr Fixed, 40yr Fixed with 10yr I/O
Premium Class
Higher flexibility with strong execution — Owner-Occupied & Investment options to fit borrowers who fall just outside First Class or Business Class guidelines
- Owner-Occupied: Up to 90% LTV, loan amounts to $4,000,000, min FICO 620
- Non-Owner Occupied: Up to 85% LTV, loan amounts to $4,000,000 (Sr. approval over $3.5M), min FICO 640
- Income: Full Doc (1yr/2yr), Bank Statement (12/24mo), 1099, WVOE, P&L Only, Asset Depletion & DSCR
- Non-Owner DSCR down to 0.00 with LTV adjustments; unlimited cash-out; Max DTI 50% (Expanded to 55%)
- Credit event seasoning as low as 12 months; First Time Home Buyer & First Time Investor options
- Product types: 5/6 & 7/6 SOFR ARM, 15/30/40yr Fixed, with 10yr I/O option
Connecting Flight Seconds
Closed-End Second (CES) — tap equity without touching the borrower's existing low first mortgage rate
- Stand-alone & Piggyback 2nds — preserve the borrower's low 1st mortgage rate; loan amounts $75K–$850K
- Up to 90% CLTV Owner-Occupied; combined liens up to $5,000,000
- Owner-Occupied, 2nd Home & Non-Owner eligible; Max DTI 50%
- Income: Full Doc (1yr/2yr), Bank Statement (12/24mo), 1099, WVOE, P&L Only — plus DSCR (min 1.0) on Non-Owner
- Credit events OK with 48-month seasoning; 0x30x12 housing history
- Terms: 10/15/20/30yr Fixed Full Amortization, plus 30/15 & 40/15 Balloon options
Bank Statement Calculator Questions
What is a bank statement loan?
A bank statement loan qualifies self-employed borrowers using 12 or 24 months of personal or business bank statements instead of traditional W-2s and tax returns. Jet Mortgage accepts bank statement income on First Class, Business Class, Premium Class, and Connecting Flight Seconds.
How does the Jet Mortgage Bank Statement Calculator work?
Submit the questionnaire above along with your borrower's 12 months of bank statements. Our income calculation team analyzes deposits, applies the appropriate expense factor (50% standard, or custom with documentation), and returns a qualifying income figure to your loan officer in 2–4 hours on average at no cost.
How many months of bank statements are required?
Jet Mortgage accepts 12 months or 24 months of bank statements on First Class, Business Class, Premium Class, and Connecting Flight Seconds. Connecting Flight Seconds also allows 12-month P&L Only and 1099 income as alternatives.
What is the minimum FICO score for a bank statement loan?
Minimum FICO is 620 on Premium Class Owner-Occupied (640 Non-Owner) and 660 on First Class and Business Class Owner-Occupied (640 Business Class Non-Owner). The Bank Statement Calculator questionnaire uses a 660 minimum FICO guideline.
Can personal, business, or commingled accounts be used?
Yes. Jet Mortgage accepts business accounts, personal accounts, and commingled accounts (where business and personal funds share one account). The questionnaire above captures which scenario applies so we calculate income correctly.
What expense factors are accepted?
The standard 50% expense factor requires no additional documentation. Custom expense factors are available with supporting documentation (CPA letter, P&L, business narrative).