It depends on why the statements are being used. On a standard loan, the lender verifies business assets and asks about large or unusual deposits needed for closing. On a bank-statement program, eligible deposits are totaled, ineligible items are removed, and an expense factor is applied to estimate income.
What matters most
- Transfers between accounts are not new business revenue and should not be counted twice.
- Loans, owner contributions, tax refunds, and one-time deposits may need to be excluded or explained.
- Withdrawing business funds for closing may require proof that the business remains healthy.
How to use this answer
Keep business and personal activity separate, preserve statements, and document the source of unusual deposits. Do not manufacture a pattern or move the same money between accounts. A clean, truthful paper trail is more useful than a statement that looks artificially simple.
A simple example
A business account receives $40,000 in a month, but $10,000 is a transfer from savings and $5,000 is loan proceeds. A lender evaluating business revenue may not treat the full $40,000 as eligible deposits.
What to review before you decide
- Confirm the loan program, occupancy, property type, and timeline.
- Review the complete payment and cash-to-close estimate, not one number in isolation.
- Verify current program rules and lender requirements before moving money or signing a contract.
Frequently asked questions
Questions readers often ask next.
Do lenders look at every deposit?
They review deposits according to the program, statement type, transaction, and whether funds or income need to be verified.
Can cash deposits be used?
Unverifiable cash can be difficult or unacceptable. Ask what documentation is required before relying on it.
Sources
Sources used for this article.
- Depository Accounts — Fannie Mae Selling Guide • Accessed August 17, 2026
- Underwriting Factors and Documentation for a Self-Employed Borrower — Fannie Mae Selling Guide • Accessed August 17, 2026
