05/15/2026
https://youtube.com/shorts/9s5ZvddtiqI
Many self-employed buyer might be choosing wrong.
Not because they're uninformed.
Because nobody showed them the full picture.
Here's what Dave Your Mortgage Guy ran for a client on a real $400K loan:
Conventional loan required more in reported taxable income
That would be $40K more in taxes owed — just to qualify
Bank statement loan had a higher rate — $160 more per month
Break even on that tax cost vs higher rate? 20 years.
The bank statement loan wasn't just easier to get.
It was the smarter financial move — by a long shot.
Bruce W Carr
For self-employed borrowers in Texas, a bank statement loan can sav...