Qualify for a mortgage using your bank statements instead of traditional income documentation. Perfect for self-employed borrowers, freelancers, and business owners who deserve homeownership.
No obligation. No credit check to get started.
California is the largest mortgage market in the country by dollar volume. Most coastal and Bay Area counties are designated high-balance, with conforming limits of $1,209,750 — meaningfully above the national floor. Median home prices in San Francisco, San Mateo, Santa Clara, and Marin counties remain above $1.5M.
A mortgage program designed for self-employed borrowers who may not be able to verify income through traditional documentation.
Instead of tax returns and W-2s, lenders review 12 to 24 months of personal or business bank statements to calculate your qualifying income.
Many self-employed individuals write off significant business expenses on their tax returns, which can make their taxable income appear lower than what they actually earn. Bank statement loans solve this problem by looking at your actual cash flow and deposits rather than your adjusted gross income.
This program is ideal for freelancers, small business owners, independent contractors, gig economy workers, and anyone whose tax returns don't fully reflect their true earning power.
Designed specifically for borrowers whose income doesn't fit the traditional mold.
Skip the hassle of complex tax documents. Bank statements tell the story of your income.
Built for entrepreneurs and independent workers. We tailor our process to the unique financial landscape of self-employment.
Income calculated based on actual bank deposits, often resulting in significantly higher qualifying income.
Here's what you'll typically need.
Provide 12-24 months of personal or business bank statements to verify income through actual deposits and cash flow.
620 minimum typically required. Higher scores unlock better rates and lower down payment options.
Plan for 10-20% of the purchase price, depending on your credit profile and loan amount.
2+ years of documented self-employment history. Business licenses, CPA letters, or other verification.
Simple and stress-free, application to closing.
Speak with a specialist to discuss your self-employment situation and goals.
Provide 12-24 months of personal or business statements. We calculate qualifying income from deposits.
Receive your pre-approval letter so you can shop confidently.
Personalized support through underwriting and closing.
Answers to the most common questions about bank statement loans in California.
Lending Arena offers the full mortgage product set across California. See what else might fit your situation.
Lending Arena, NMLS #1603937. Licensed by the California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act and/or the California Finance Lenders Law. Equal Housing Lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. All loans are subject to credit and property approval. Do Not Sell or Share My Personal Information requests can be submitted to privacy@lendingarena.com.