Bank statement Non-QM often needs about 10–20% down. See how occupancy, credit, and reserves change equity for Indiana borrowers.
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Bank Statement Loans
How Much Down Payment Is Required?
Most bank statement Non-QM programs commonly land around 10–20% down for primary homes — with higher equity often needed for investments, lower credit, or thinner reserves.
Illustrative LTV patterns we see on Indiana bank statement files — your investor may differ.
Down payment minimums vary by investor and change without notice. Not a guarantee of approval.
Down payment is a pricing and risk lever on Non-QM — not a single fixed number.
Ryan & Steve match your deposit income calc to investor LTV grids — so you know whether 10%, 15%, or 20%+ is the realistic path before you shop.
We also check gift documentation, large deposits, and reserve sources so underwriting does not stall after you are under contract.
If conventional or FHA can clear with less money down and your tax returns support it, we say so — bank statement is the tool when write-offs hide cash flow, not the default for every buyer.
Cash-to-close checklist
— Confirm occupancy (primary, second, investment)
— Source down payment and gift letters early
— Keep reserves separate from earnest money
— Avoid large unexplained deposits before closing
Related bank statement guides and Non-QM resources from Ryan & Steve.
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Ryan & Steve pair your deposit income with investor LTV grids — so you know how much down you really need before you shop.