Bank Statement Loans for Self-Employed Borrowers
in California

What is a Bank Statement Loan?

A bank statement loan is a long-term mortgage underwritten using your bank or asset statements — not your tax returns or W-2s.

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Instead of asking how much you reported to the IRS, we look at what's actually flowing through your accounts.

For self-employed borrowers, business owners, freelancers, and investors — this changes everything.

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Who is this for?

• Self-employed business owners whose tax returns don't reflect actual income

• Freelancers and 1099 contractors with variable income

• Real estate investors with complex income structures

• High net worth individuals with significant assets but limited W-2 income

• Anyone who's been turned down by a bank due to income documentation

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How does it work?

Instead of tax returns, we use:

• 12 or 24 months of personal or business bank statements

• Or asset statements showing sufficient reserves

• Property must be a 1–4 unit residential investment property in California

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We analyze your deposits, average monthly income, and cash flow — and build the loan around what's real, not what the IRS sees.

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Loan Details:

• Term: 30-year fixed or adjustable

• Property types: 1–4 unit residential investment properties

• Location: California only

• Documentation: Bank or asset statements — no tax returns, no W-2 required

• Closing speed: Faster than conventional — no waiting on underwriting a complex tax return

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Why not just get a conventional loan?

Conventional lenders use your adjusted gross income from your tax return.
Self-employed borrowers almost always write off as much as legally possible — which lowers their reported income — which kills their loan approval.

Bank statement lending looks at your actual cash flow.
That's the number that matters.

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What do you need to qualify?

• 12–24 months of bank or asset statements

• Property address and estimated value

• Down payment or existing equity

• Credit score review

• Business documentation may be required depending on program

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Ready to get started?

If you've been told no by a bank — let's talk.

We work with self-employed borrowers every day.
We know how to structure the loan around your situation.

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📞 Call or text: (949) 874-1973
📧 loans@southcountycapital.com
🌐 www.southcountycapital.com

California DRE License #01884316