5th Street Capital is a leading provider of portfolio products, including Prime Jumbo Fallout, Alt-A, and Non-QM loans, serving aggregator partners and approved brokers nationwide. The company focuses on tailored solutions for investment properties, second homes, and primary residences in high-cost housing markets. Since 2015, the San Diego-based firm has specialized in financing high-net-worth and well-qualified borrowers through its wholesale and correspondent origination channels.
Our bank statement mortgage loan program offers a flexible solution for self-employed borrowers who prefer to qualify based on their bank deposits rather than traditional income documentation. With the 12 Months Personal Bank Statement Program, your qualifying income is calculated by averaging 100% of your deposits over a 12-month period, excluding transfers from other personal accounts. This allows for a more accurate representation of your income, especially for those with fluctuating earnings.
This program eliminates the need for tax returns or transcripts, simplifying the application process. Multiple accounts can be used, and in certain cases, a combination of business and personal bank statements may be allowed. This flexibility is designed to accommodate the diverse financial situations of self-employed borrowers.
Additional income sources such as W2 income, alimony, or child support that are deposited into these accounts cannot be included in the bank statement average. These types of income can be documented separately to ensure they are considered in your overall financial profile.
Our Non-U.S. Citizen mortgage loan program offers tailored options for Permanent Resident Aliens (PRA) who permanently reside in the United States. To qualify, borrowers must provide a clear, legible copy of both the front and back of their valid Permanent Resident Alien Card (green card).
PRAs are eligible for the same loan terms as U.S. citizens, ensuring equal access to mortgage opportunities. While a credit score is generally required, those without a score can still qualify with a minimum score of 680, making homeownership more accessible for a broader range of borrowers.
This Lenders DSCR (Debt Service Coverage Ratio) Mortgage Program allows investors to qualify based on the cash flow of the property, rather than personal income. This program uses a rental analysis to assess whether the property’s income covers the mortgage payment. This DSCR mortgage solution is ideal for real estate investors seeking simplified qualification, as it focuses on the property’s rental income rather than traditional income documentation. By evaluating the property’s ability to generate sufficient cash flow to cover monthly mortgage obligations, lenders can approve borrowers based on asset performance alone. This makes the program especially attractive for self-employed individuals, investors with multiple properties, or those with complex financial profiles.
Borrower funds may be used to qualify for DTI, and when sufficient, tax returns are not required. Only two months of bank statements are needed, with no obligation to withdraw or pledge the funds. The program is available to both self-employed and W-2 borrowers, and it can be combined with Full Doc or Bank Statement income as long as a separate account is used for verification. There are no age restrictions.
