Bank Statement Refinance Rates in Florida

Bank Statement Refinance Rates in Florida

Your bank statement refinance rate is set by your credit score, loan-to-value, loan size, and the day's market — not by any single lender's rate sheet. As a broker we shop multiple lenders against each other for the same file, which is how the same borrower ends up with a lower rate than a single bank would quote. We lock when the timing favors you.

A bank-statement refinance qualifies self-employed Florida homeowners on their actual deposits rather than adjusted tax returns. It is the refinance answer for owners whose write-offs make their taxable income look too small.

Lenders average 12 or 24 months of personal or business bank statements to establish your income, then refinance on that figure. No tax returns, no profit-and-loss gymnastics — just the money that actually moves through your accounts.

These are non-QM loans, so the rate sits a touch above conventional, but for an owner who cannot document income the traditional way it unlocks a refinance entirely. We pick the statement period that gives you the strongest number and shop the lenders.

Read the full bank statement refinance guide, or explore: Requirements · Calculator · Guide.