Business owners, entrepreneurs, 1099 contractors, and gig-economy earners
Bank Statement Loans — Built for Business Owners
A bank statement loan lets self-employed buyers qualify for a mortgage using 12–24 months of bank deposits instead of tax returns. If you write off aggressively and your tax returns don't reflect your real income, this is how business owners in California actually buy homes.
★★★★★ 210+ five-star reviews · Free consultation · No credit pull to start
The self-employed problem — solved
You run a profitable business. Your CPA does their job well, which means your taxable income looks small. A traditional lender looks at your returns and tells you that you can't afford the house you can obviously afford. It's the most common frustration we hear from entrepreneurs.
Bank statement loans qualify you on cash flow: 12 or 24 months of personal or business bank statements, with an expense factor applied for business accounts. No tax returns. No W-2s.
Why work with Cris on this
These files are genuinely harder than W-2 loans — deposit analysis, expense factors, and underwriter questions require a loan officer who does them constantly. A Zillow reviewer put it best: "One of the only lenders in the industry to perfectly put together a bank statement loan and close."
Cris also works with Asset Depletion and DSCR programs, so if bank statements aren't your best qualifying path, we'll model all three and show you the numbers side by side.
Typical guidelines
- ✓ 12 or 24 months of personal or business bank statements
- ✓ Down payments from 10–20% depending on credit and loan size
- ✓ Loan amounts into the jumbo range for coastal OC
- ✓ Purchase, rate/term refinance, and cash-out available
- ✓ Works for LLCs, S-corps, sole proprietors, and 1099 earners
The Process
Getting a bank statement loan done
Most people put this off because it feels enormous. It isn't. Here's the whole thing.
- 0115 minutes
A real conversation
Tell Cris what you're trying to do. He'll tell you honestly what's possible, what it costs, and what to fix first. No credit pull, no obligation, English or Spanish.
- 0224–48 hours
A pre-approval that holds up
Full credit and income review — not a 10-minute pre-qual. Your agent gets a lender who calls listing agents to vouch for your file, which is how offers get accepted.
- 03Typically 21–30 days
Close on time
You get updates before you have to ask for them. Texts get answered the same day — usually within the hour. That's what 210+ five-star reviews are actually describing.
Bank Statement Loans — Questions We Get Every Week
+How do bank statement loans verify income?
The lender averages your deposits over 12 or 24 months. For business accounts, an expense factor (often 50%, or lower with a CPA letter) is applied to estimate net income. No tax returns are required.
+What credit score do I need for a bank statement loan?
Most programs start around 620–660, with the best pricing above 700. Larger down payments can offset lower scores — we'll price your exact scenario before you commit to anything.
+Are rates higher than a conventional loan?
Somewhat — typically 0.5%–1.5% higher, because the loan is underwritten outside conventional guidelines. Many clients refinance into conventional later once their tax returns support it, and we plan that path from day one.
Rather just talk it through?
Call or text Cris directly. English or Spanish, no pressure, and no credit pull to get a straight answer about bank statement loans.
★★★★★ 210+ five-star reviews · Texts answered same day · Ready to apply? Start your application