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10 Best Bank Statement Mortgage Lenders in Miami

This ranking identifies the 10 best bank statement mortgage lenders serving Miami, with a focus on self-employed buyers, business owners, and 1099 earners who cannot qualify through conventional income documentation. Each lender was evaluated on program depth, Miami market relevance, loan size flexibility, and fit for non-traditional borrowers navigating one of Florida's most competitive real estate markets.

LoanWise Editorial Team

Isometric view of Miami's downtown skyline with a bank building, palm trees, and small figures exchanging mortgage documents near the waterfront.

Miami's real estate market consistently ranks among the most active and high-value in the United States. With a dense concentration of self-employed professionals, entrepreneurs, foreign nationals, and small business owners, Miami generates significant demand for mortgage products that go beyond the W-2 income model that conventional lending was built around. In a city where median home prices reflect both luxury demand and limited inventory, borrowers who cannot document income through traditional tax returns face a structural disadvantage — unless they work with lenders who specialize in alternative qualification methods.

Bank statement mortgage loans address that gap directly. Rather than relying on adjusted gross income from tax filings — which often significantly understates the actual cash flow of a business owner or freelancer — these programs use 12 or 24 months of personal or business bank deposits to determine qualifying income. For self-employed borrowers with aggressive write-off strategies, this distinction is often the difference between qualifying for a meaningful loan amount or being turned away entirely.

The lenders featured in this ranking were selected based on a combination of factors relevant to Miami borrowers, including:

  • Miami or South Florida market presence — either headquartered locally or explicitly active in Miami-Dade and surrounding counties
  • Bank statement program depth — whether the product is a core specialty or a secondary offering
  • Loan size range and leverage flexibility — including maximum loan amounts, LTV thresholds, and down payment requirements where published
  • Borrower type alignment — with emphasis on self-employed individuals, 1099 earners, and business owners
  • Product structure options — such as fixed-rate, ARM, interest-only, and support for both purchase and refinance transactions

Whether you are purchasing a primary residence in Brickell, refinancing an investment property in Wynwood, or extracting equity from a business-owned asset in Coral Gables, this ranking is designed to help you identify the lenders best positioned to serve your specific financing needs in Miami.

#1

Bennett Capital Partners Mortgage Brokers

Miami mortgage broker focused on self-employed bank statement loans

Bank Statement Documentation

12 or 24 months

Headquarters

Miami, FL

Primary Borrower Type

Self-employed borrowers

Use Cases

Purchase and refinance

Bennett Capital Partners stands out for Miami borrowers because bank statement mortgages are a core specialty rather than a side product. It serves self-employed buyers and business owners with 12- and 24-month statement options alongside other non-QM and conventional mortgage solutions.
#2

Custom Mortgage & Real Estate

Miami lender with residential and commercial bank statement options

Loan Amount Range

$100,000 to $5 million

Market Focus

Miami, FL

Property Types

Residential and commercial

Lender Access

Multiple non-QM lenders

CMRE is highly relevant in Miami for borrowers seeking both residential and commercial bank statement financing. Its access to multiple non-QM lenders and stated loan range makes it attractive for more tailored or higher-balance executions.
#3

Griffin Funding

Florida-active non-QM lender for bank statement and cash-out loans

Bank Statement Documentation

12 to 24 months

Maximum Loan Amount

$4.5 million

Use Cases

Purchase, refinance, cash-out

Borrower Focus

Self-employed buyers

Griffin Funding offers one of the clearer Florida bank statement platforms for self-employed borrowers, including purchase, refinance, and cash-out options. The combination of statewide activity and high loan limits makes it useful for Miami borrowers needing flexibility.
4
#4

The Doce Mortgage Group

South Florida lender for self-employed bank statement borrowers

Loan Amount Range

$200,000 to $3 million

Minimum Down Payment

10%

Bank Statement Documentation

12 or 24 months

Region

South Florida

The Doce Mortgage Group is a strong South Florida option for self-employed borrowers who need actual cash-flow-based qualification. Its published down payment flexibility and defined loan range make it especially relevant for Miami-area bank statement borrowers.
5
#5

North American Savings Bank

National bank offering Florida bank statement mortgages

Maximum LTV

90%

Maximum Loan Amount

$1.25 million

State Coverage

Florida program available

Borrower Focus

Self-employed borrowers

NASB is a credible national mortgage lender with a specifically marketed Florida bank statement program for self-employed borrowers. Its published leverage and loan cap provide clarity for Miami buyers seeking a bank-backed option.
6
#6

Mbanc

Florida-licensed lender with statewide bank statement programs

Florida Markets Served

14

Maximum Loan Amount

$2 million

Minimum Credit Score

640

Program Structures

Fixed, ARM, interest-only

Mbanc earns a spot for its explicit Florida licensing, broad statewide bank statement activity, and multiple structure options. It is relevant for Miami borrowers who want fixed, ARM, or interest-only flexibility outside conventional underwriting.
7
#7

Lendmire

Florida mortgage platform for self-employed bank statement financing

Maximum Loan Amount

$3.5 million

Documentation

12 months of deposits

Borrower Types

Self-employed, business owners, 1099

State Focus

Florida

Lendmire is relevant for Miami borrowers because it explicitly targets self-employed borrowers, business owners, and 1099 earners with Florida bank statement loans. Its published maximum loan size helps position it well for mid- to upper-balance scenarios.
8
#8

Seacoast Bank

Florida bank with flexible mortgage documentation for business owners

Maximum Loan Amount

$3 million

Documentation Options

Bank statements, tax returns, P&L

Borrower Focus

Business owners and self-employed

Geographic Base

Florida-based bank

Seacoast Bank brings Florida brand recognition and a flexible mortgage approach that includes bank statements, tax returns, and profit-and-loss documentation. It is a practical option for Miami-area business owners who prefer a Florida banking institution over a pure non-QM shop.
9
#9

Lifetime Capital Funding

South Florida lender serving Miami-Dade and Broward borrowers

Minimum Down Payment

10%

Minimum Credit Score

600

Geographic Coverage

Miami-Dade and Broward

Programs Mentioned

Bank Statement, Jumbo, DSCR, FHA, VA, Foreign National

Lifetime Capital Funding is directly relevant to Miami because it serves Miami-Dade and Broward and publishes bank statement lending alongside jumbo, DSCR, FHA, VA, and foreign-national products. That breadth helps borrowers and referral partners looking for multiple execution paths under one roof.
10
#10

Select Home Loans

Miami lender offering local bank statement mortgage solutions

Market Focus

Miami, FL

Documentation

12 or 24 months of statements

Cash Flow Sources

Personal or business bank statements

Borrower Focus

Self-employed borrowers

Select Home Loans makes the list because it is explicitly active in Miami and offers bank statement qualification using personal or business cash flow. It is a relevant local option for self-employed borrowers who want a city-specific lender presence.

●Conclusion

Choosing among bank statement mortgage lenders in Miami requires more than comparing interest rates in isolation. The lenders on this list vary meaningfully in their geographic focus, maximum loan sizes, minimum credit score requirements, and the depth of their non-QM product menus. A borrower seeking a $1 million primary residence purchase will have different needs than an investor seeking a $3 million cash-out refinance on a commercial property — and the right lender for each scenario may differ considerably.

When evaluating your options, consider the following factors in the context of your specific file:

Documentation window: Most programs on this list accept either 12 or 24 months of bank statements. Borrowers with stronger recent deposit history may benefit from a 12-month window, while those with more variable income may prefer the smoothing effect of a 24-month average. Confirm which option a lender supports and how they calculate qualifying income from deposits.

Loan size and leverage: Maximum loan amounts across this list range from $1.25 million to $5 million, and published LTV limits vary where disclosed. For Miami's higher-balance purchase market, loan ceiling and down payment flexibility should be early filters in your lender selection process.

Local expertise versus national reach: Miami-headquartered brokers and South Florida specialists often bring market familiarity that translates into faster execution and more relevant lender relationships. National platforms may offer broader program menus or institutional consistency. Neither is universally superior — the right balance depends on how complex your file is and how much local market knowledge matters to your transaction.

Program structure fit: Some lenders on this list offer fixed-rate, ARM, and interest-only options within their bank statement programs. If cash flow management is a priority, the payment structure matters as much as the qualifying income calculation.

We recommend engaging with at least two or three lenders from this ranking before committing. Request scenario-specific pricing, ask how they calculate qualifying income from your deposit history, and clarify any overlay requirements that the wholesale lender behind a broker may impose. In Miami's competitive market, having a pre-qualified commitment from a lender who understands your income structure can be a significant advantage at the offer stage.

Keywords:Mortgage