California alternative income and employment documentation for self-employed and investor borrowers. Get prequalified now without a credit check.

• California entrepreneurs, independent professionals, business owners, and other self-employed borrowers who may not qualify using traditional tax returns or conventional income documentation.
• California bank statement loan programs can be especially useful when business deductions reduce taxable income or when earnings fluctuate from month to month. Rather than relying solely on tax returns, lenders may review (and broker when prudent) 1, 3, 6, 12, or 24 months of personal or business bank statements to calculate qualifying income.
• Eligible deposits are analyzed and prequalified by your loan officer to determine consistent monthly cash flow. Personal bank statements may allow a greater percentage of deposits to be counted, while business accounts are generally adjusted for operating expenses using a lender-approved expense factor.
• Bank statement mortgages may require a larger down payment and carry somewhat higher interest rates than conventional financing. However, they provide California self-employed borrowers with more flexible income documentation, debt-to-income, loan amount, and property eligibility options.