Hot Loan Product #1

2 Bank Statements only for owner and non owner properties

Flexible Loan Options for Self-Employed Borrowers in California

Discover Flexible Loan Options for Self-Employed Borrowers in California. Get approved without tax returns, W-2s, or 1099s. Fast approvals and great rates!

If you’re self-employed and need a mortgage or refinance, finding the right loan can be challenging. That’s why we offer Flexible Loan Options for Self-Employed Borrowers in California — designed specifically for entrepreneurs, freelancers, and small business owners who don’t fit traditional lending guidelines.

Our programs allow you to qualify using 12 or 24 months of bank statements instead of tax returns, W-2s, or 1099s. Whether you own your property or it’s a non-owner investment, we make it easy to get approved — with minimal paperwork, competitive rates, and fast funding.

Program Highlights

Flexible qualification: Use 12 or 24 months of personal or business bank statements
No tax returns required: Qualify without W-2s, 1099s, or IRS transcripts
Loan amounts up to $4 million
Available for owner-occupied, second homes, and non-owner properties
Interest rates from 6.55% to 8.75%, with interest-only options available
Loan-to-Value (LTV) up to 90% with a 720+ credit score
Fast approvals and closing times — get funded quickly

Rate & LTV Examples

90% LTV – 720 credit score or higher (Purchase)
80% LTV – 700 score (Purchase or Rate & Term Refinance)
75% LTV – 660 score (Purchase or Refinance)

💡 Example: One of our recent California clients qualified for a $1.5M loan at 90% LTV using our 12-Month Business Bank Statement Program. We counted 90% of business deposits as qualifying income — no tax returns required.

Eligibility Requirements

To qualify for our Flexible Loan Options for Self-Employed Borrowers in California, you’ll need:

12 or 24 months of consecutive bank statements (personal or business)
Minimum 600 FICO score
Loan amounts up to $4,000,000
Max DTI (Debt-to-Income): 49%
No 4506T / No K-1s / No P&L statements required
No mortgage insurance (MI) required
No reserves required for ≤75% LTV

Available for:
✅ Self-employed and 1099 borrowers
✅ Owner-occupied, non-owner occupied, and second homes

Cash-Out & Refinance Options

Up to 80% LTV with a 700 credit score
Up to 65% LTV with a 680 credit score
Gift funds allowed for 100% of the down payment
Bankruptcy, foreclosure, or short sale: Accepted after seasoning (3–5 years)

Why Choose Our California Self-Employed Loan Programs?

Loans are based on revenue, not profit
Higher loan amounts — up to 2–4x your monthly deposits
No need to source large deposits — we use your current balance
No extra reserves required for multiple properties
Tailored for California businesses and investors

Required Documents

To begin your loan approval, submit the following in PDF format:

Valid photo ID (Driver’s License or Passport)
12 or 24 months of bank statements (personal or business)
Business license (State, Federal, or City – showing 2 years in business)
CPA or licensed tax preparer letter (verifying 2 years in business)
Year-to-date (YTD) financials or P&L
Current mortgage statement (if refinancing)
Purchase contract & escrow contact info (if buying)
Property lease agreements (if applicable)
Insurance declaration page or quote
Signed 1003 Loan Application (liabilities may be left blank)
Borrower’s authorization to pull credit
Statement of Information (SI Form)
Vesting Form for title
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Costs to Expect

Down payment and closing costs (including title and escrow)
Loan points: typically 1.5%–2% of loan amount
Rate adjustments: +0.25% for non-owner or cash-out refinances

Exclusively for California Properties

Our Flexible Loan Options for Self-Employed Borrowers in California are available for residential and mixed-use properties statewide.
Whether you’re purchasing, refinancing, or pulling cash out — our team can help structure the best loan for your goals.

📞 Contact us today to learn more or start your fast pre-qualification.