Unlock a Powerful 12 Month Bank Statement Loan with Prime Rates

A Smarter 12-Month Bank Statement Loan

At First Liberty Funding Corp., we understand that today’s most successful borrowers don’t always fit inside traditional mortgage guidelines.

Entrepreneurs. Business owners. Independent contractors. Real estate investors.

Many earn strong income — but because of tax strategies, business deductions, or non-traditional income structures, qualifying for a conventional mortgage can be challenging.

That’s why we’re proud to introduce Activator Prime — our Prime 12-Month Bank Statement Non-QM program designed to deliver competitive pricing with flexible qualification.

This is not just another bank statement product.
It’s a prime-tier solution built for modern borrowers.

What Is Activator Prime?

Activator Prime is a Non-QM bank statement loan program that allows borrowers to qualify using 12 months of bank statements instead of traditional tax returns.

Unlike many Non-QM programs, Activator Prime offers aggressive, prime-level pricing, with rates starting at:

Rates as low as 6.125%
APR starting at 6.258%

This program bridges the gap between flexibility and competitive pricing — something rarely seen in the Non-QM space.

Program Highlights

Activator Prime was designed to give strong borrowers leverage and access:

Up to 80% Loan-to-Value (LTV)
Loan amounts up to $2,000,000
FICO scores down to 680
Debt-to-Income ratios up to 50%
Eligible for Primary Residences and Second Homes
12-Month Bank Statement qualification

This structure allows us to serve borrowers who may have been limited by traditional agency underwriting — despite strong financial profiles.

Who Qualifies for a 12 Month Bank Statement Loan?

This program is ideal for:

Self-employed borrowers
Business owners
1099 earners
Independent contractors
Commission-based professionals
High-income earners with significant tax write-offs

If your tax returns don’t reflect your true earning power, Activator Prime may be the solution.

Instead of relying solely on net taxable income, we analyze your actual cash flow through verified bank deposits.

Why This Matters in Today’s Lending Environment

The mortgage landscape has tightened significantly in recent years. While conventional loans work well for W-2 employees with straightforward income, they often fall short for modern entrepreneurs.

Many successful borrowers strategically reduce taxable income. While that makes sense from a tax perspective, it can limit borrowing power.

Activator Prime changes that conversation.

This program recognizes the financial strength of self-employed borrowers and provides a path to homeownership or refinancing without forcing them into a traditional underwriting box.

Competitive Pricing in the Non-QM Market

Non-QM loans are often associated with elevated rates.

Activator Prime challenges that assumption.

With pricing starting at 6.125% (APR 6.258%), this program delivers premium-tier pricing while maintaining the flexibility Non-QM borrowers require.

It is one of the strongest 12-month bank statement options currently available in the wholesale Non-QM market.

Flexibility Without Compromise

Activator Prime offers:

Higher loan amounts (up to $2M)
Strong leverage (up to 80% LTV)
Expanded DTI allowances (up to 50%)
Second home financing options

This provides purchasing power while maintaining responsible underwriting standards.

Execution Matters

Access to strong products is only part of the equation.

Performance matters.

Through our wholesale lending partnerships and advanced submission technology, First Liberty Funding delivers:

Streamlined file submissions
Efficient underwriting turn times
Clear and proactive communication
A strong focus on closing on schedule

In competitive purchase markets, certainty and speed can make the difference between winning and losing a deal.

Our goal isn’t just approval — it’s execution.

Real-World Scenarios

Scenario 1: Business Owner Purchasing a Primary Residence

A borrower shows strong gross revenue but limited taxable income due to deductions. Using 12 months of business bank statements, we calculate qualifying income based on deposits rather than net income reported on tax returns.

Scenario 2: Self-Employed Borrower Buying a Second Home

Traditional lenders decline due to complex income documentation. Activator Prime allows qualification using bank statements with up to 80% financing.

Scenario 3: Refinance to Improve Cash Flow

A borrower wants to refinance out of a higher-rate loan but cannot qualify conventionally due to write-offs. Bank statement qualification provides the flexibility needed to secure improved terms.

Non-QM Does Not Mean Subprime

It’s important to clarify: Non-QM does not mean risky lending.

Activator Prime is a prime-tier program for qualified borrowers who document income differently.

Borrowers must still demonstrate:

Creditworthiness
Ability to repay
Verified bank deposits
Appraised property value

This is responsible lending structured for today’s income realities.

Frequently Asked Questions About 12 Month Bank Statement Loans

How does a 12 month bank statement loan work?

A 12 month bank statement loan allows borrowers to qualify using 12 consecutive months of personal or business bank statements instead of traditional tax returns. Lenders analyze verified deposits to calculate qualifying income, making it ideal for self-employed borrowers whose taxable income may not reflect their true earnings.

Who qualifies for a 12 month bank statement loan?

This program is designed for:

Self-employed borrowers
Business owners
1099 earners
Independent contractors
Commission-based professionals

Borrowers must still demonstrate creditworthiness, ability to repay, and verified income through bank deposits.

Is a 12 month bank statement loan considered Non-QM?

Yes. A 12 month bank statement loan falls under Non-Qualified Mortgage (Non-QM) guidelines. However, it still requires full documentation and responsible underwriting. Non-QM does not mean subprime — it simply means alternative income documentation is used.

What credit score is required for a bank statement loan?

Many 12 month bank statement loan programs allow FICO scores starting around 680, depending on loan structure, LTV, and overall financial profile.

Can I use a 12 month bank statement loan to purchase a second home?

Yes. Many programs allow financing for primary residences and second homes, subject to underwriting approval and qualification requirements.

Are rates higher on bank statement loans?

Bank statement loans may have slightly higher rates than traditional agency loans. However, programs like Activator Prime offer competitive pricing starting at 6.125% (APR 6.258%), depending on borrower profile and loan structure.

Ready to See If You Qualify?

If you’re self-employed, 1099, or have been told your tax returns don’t reflect your true income, it’s time to explore a smarter financing solution.

👉 Apply Now to start your confidential 12 month bank statement loan review with First Liberty Funding Corp.

Our team will evaluate your full financial picture and structure your loan strategically from day one.

Important Rate & Compliance Disclosures

Rates starting at 6.125% (APR 6.258%) are based on example assumptions including:

Owner-occupied primary residence
80% LTV
740+ FICO
30-year fixed term
Loan amount under $1,000,000
Subject to underwriting approval

Rates are subject to change without notice. This is not a commitment to lend. Additional terms, conditions, and fees may apply.

First Liberty Funding Corp. NMLS #305360
Equal Housing Opportunity