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10 Best Bank Statement Mortgage Lenders in Utah

This ranking identifies the 10 best bank statement mortgage lenders in Utah for self-employed homebuyers, homeowners, and real estate investors who cannot qualify using traditional tax return documentation. Each lender was evaluated on product relevance, Utah market presence, and alternative income qualification depth. Whether you are purchasing a primary residence or refinancing an investment property, this list surfaces the most aligned lending options available in the Utah market.

LoanWise Editorial Team

Isometric Utah cityscape with red rock formations, a mortgage office, residential homes, and small figures carrying bank statement documents.

Utah's real estate market has remained one of the most active in the Mountain West, driven by sustained population growth, a robust entrepreneurial economy, and strong demand across metros including Salt Lake City, Provo, St. George, and Ogden. For self-employed borrowers, freelancers, and business owners, that demand creates both opportunity and challenge — conventional mortgage guidelines tied to W-2 income and tax returns frequently understate the true earning power of borrowers who maximize deductions or operate through business entities.

Bank statement mortgage loans were designed precisely for this gap. Rather than relying on adjusted gross income from IRS filings, these Non-QM programs allow lenders to qualify borrowers based on 12 or 24 months of personal or business bank deposits. This approach better reflects actual cash flow and has become one of the most important alternative documentation tools available to self-employed homebuyers and investors in Utah.

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

  • Demonstrated Utah market presence or state-specific product pages
  • Clarity and depth of bank statement loan programs offered
  • Support for multiple property types — primary, second home, and investment
  • Breadth of related Non-QM products such as DSCR, 1099, and asset-based loans
  • Channel accessibility for both direct borrowers and mortgage broker partners

This list is intended to help Utah borrowers and their advisors identify lenders that are genuinely positioned to serve alternative income scenarios — not simply lenders with a generic national footprint. The ranking spans dedicated regional players, established national Non-QM brands, and local Utah originators, giving you a broad view of the options most relevant to your financing situation.

#1

Griffin Funding

Utah bank statement lender for self-employed homebuyers

Utah cities listed

10+

Bank statement history options

12 or 24 months

Property use

Purchase and refinance

Income documentation

Personal or business bank statements

Griffin Funding has a dedicated Utah bank statement mortgage page and clearly targets self-employed borrowers using alternative documentation. Its product positioning is highly relevant for purchase and refinance borrowers across major Utah metros.
#2

Angel Oak Mortgage Solutions

Large Non-QM platform with strong bank statement lending

Bank statement borrower types

Personal and self-employed

Product scope

Non-QM and traditional mortgages

Property use

Purchase and refinance

Official Utah-specific recognition in pack

1 best-for-bank-statement mention

Angel Oak Mortgage Solutions is one of the best-known Non-QM mortgage brands and is widely recognized for bank statement programs for self-employed borrowers. Its scale, product depth, and reputation make it a leading Utah option for brokers and borrowers seeking flexible underwriting.
#3

Deephaven Mortgage

Utah Non-QM lender for business and personal statements

Bank statement types

2

State focus

Utah-specific page

Borrower income options

Business and personal statements

Product category

Non-QM

Deephaven Mortgage directly markets Utah Non-QM lending and specifically calls out both business and personal bank statement loans. This makes it one of the clearest Utah-focused options for self-employed borrowers and broker-originated alternative documentation loans.
4
#4

MBANC

Utah Non-QM jumbo lender with in-house funding

Maximum loan amount

$2M

Core Non-QM programs listed

5

Property use

Primary, second home, investment

Funding model

In-house

MBANC actively promotes Utah bank statement, 1099, DSCR, and asset-based mortgage programs, giving it one of the broadest relevant product sets in this ranking. Its in-house funding message and jumbo capacity are particularly attractive for self-employed and high-balance borrowers.
5
#5

Sun American Mortgage

Regional mortgage lender with Utah bank statement options

Bank statement history options

12 or 24 months

Statement types

2

Property occupancy types

3

Loan use

Purchase or refinance

Sun American Mortgage highlights bank statement loans using personal or business deposits over 12 or 24 months, with support for primary, secondary, and investment properties. That breadth makes it appealing for Utah self-employed borrowers seeking both occupancy and rental flexibility.
6
#6

Capital Home Mortgage

Utah-focused Non-QM lender for self-employed borrowers

Utah contact numbers listed

1

State focus

Utah-specific page

Core product category

Non-QM

Bank statement program

Yes

Capital Home Mortgage presents a Utah-specific Non-QM offering and explicitly explains bank statement loans for borrowers who do not fit conventional guidelines. Its local market orientation and direct mortgage specialization improve relevance for Utah borrowers needing flexible income documentation.
7
#7

Integrity First Lending

Local Utah Non-QM lender with bank statement focus

Utah office locations listed

1

Utah contact phone numbers listed

1

Addressed borrower segment

Self-employed

Primary product category

Non-QM bank statement loans

Integrity First Lending has a physical Utah presence in South Jordan and markets Non-QM loans for self-employed borrowers using bank statements. Its local accessibility can be valuable for borrowers and referral partners wanting a Utah-based originator rather than a purely national platform.
8
#8

Brokers First Funding

Utah-licensed wholesale lender for bank statement and jumbo

Utah entity license

#14239706

Channel focus

Wholesale

State focus

Utah-specific page

Core relevant products

Bank statement and DSCR

Brokers First Funding stands out for clearly stating Utah licensing and positioning itself for broker-submitted Non-QM production. It is especially relevant for mortgage brokers seeking bank statement and jumbo execution rather than direct retail borrowers wanting consumer-facing guidance.
9
#9

UtahsHomeLender

Utah mortgage brand emphasizing actual-income qualification

Bank statement program

Yes

Additional related program

Jumbo loans

State branding

Utah-focused

Qualification method highlighted

Bank statements not tax returns

UtahsHomeLender directly advertises bank statement loans and reinforces qualification based on actual income rather than tax-return limitations. Its Utah branding and jumbo tie-in make it relevant for self-employed homebuyers and higher-balance borrowers.
10
#10

AmeriTrust Mortgage

Utah Non-QM mortgage lender for alternative income borrowers

Contact phone numbers listed

1

State focus

Utah-specific page

Core product category

Non-QM home loans

Target borrowers

Self-employed and unique financial situations

AmeriTrust Mortgage markets Utah Non-QM home loans and specifically addresses self-employed borrowers needing alternative documentation. It earns a place for clear category relevance, though the cited materials provide fewer hard product details than higher-ranked competitors.

●Conclusion

Bank statement mortgage lending is not a commodity product — terms, qualification thresholds, and lender appetite can vary significantly across the options in this ranking. As you evaluate which lender is the right fit for your Utah transaction, there are several dimensions worth examining beyond the headline program description.

Statement period and income calculation method are foundational. Most lenders in this list offer both 12- and 24-month review windows, but how they calculate qualifying income from those deposits — whether using a flat expense factor or a CPA-prepared profit and loss statement — can materially affect your qualifying loan amount. Ask each lender to walk through their specific income methodology before comparing rates.

Loan size and property scope matter equally. If you are purchasing a higher-value Utah property or financing an investment rental, verify that your lender can accommodate the loan amount and occupancy type you need. Several lenders in this ranking support jumbo balances and investment property scenarios alongside primary residence purchases, while others skew toward owner-occupied borrowers.

Channel fit is another practical consideration. Some lenders on this list operate primarily through mortgage brokers in a wholesale model, while others engage retail borrowers directly. If you are working with a mortgage broker, they may have established relationships with certain Non-QM platforms that can improve execution, pricing, or scenario flexibility. If you are approaching lenders directly, prioritize those with clear consumer-facing guidance and accessible loan officers.

Finally, compare the full cost of financing — not just the interest rate. Bank statement loans typically carry higher rates than conforming mortgages, reflecting the additional risk and flexibility embedded in alternative documentation underwriting. Origination fees, prepayment penalty structures, and rate lock terms should all factor into your comparison. Request loan estimates from multiple lenders before committing, and consider aligning your choice with a lender whose product depth matches not just your current transaction but your broader Utah real estate financing strategy.

Keywords:Mortgage