Bank Statement Loans in Orange County
Self-employed or have non-traditional income? Qualify for your Orange County mortgage using 12-24 months of bank statements instead of tax returns. Up to $3M loan amounts available.
What Are Bank Statement Loans?
Bank statement loans are Non-QM (Non-Qualified Mortgage) loans that allow self-employed borrowers to qualify using bank statements instead of traditional income documentation like W-2s or tax returns.
No Tax Returns Required
Use 12-24 months of personal or business bank statements
Higher Loan Amounts
Up to $3M for qualified borrowers in Orange County
Investment Properties OK
Purchase or refinance rental and investment properties
Perfect For:
- • Self-employed business owners
- • Freelancers and contractors
- • Real estate investors
- • Commission-based professionals
- • Small business owners
- • 1099 independent contractors
- • Borrowers with complex income
How Bank Statement Loans Work
1. Provide Bank Statements
Submit 12-24 months of personal or business bank statements showing consistent deposits and cash flow.
2. Income Calculation
Lender analyzes your deposits to calculate qualifying income, typically using 50-75% of gross deposits.
3. Loan Approval
Get approved based on bank statement income, credit score, and debt-to-income ratio without traditional documentation.
Bank Statement Loan Program Details
Loan Features
Documentation Required
Income Calculation Methods
Personal Bank Statements
For sole proprietors and single-member LLCs who deposit business income into personal accounts.
Business Bank Statements
For businesses with separate business bank accounts and more complex income streams.
Bank Statement Loans in Orange County
Orange County's diverse economy creates many opportunities for self-employed professionals who benefit from bank statement loans.
High Demand Professions:
Average Loan Amounts:
Why Choose Bank Statement Loans?
Important Considerations
Higher Rates & Fees
Bank statement loans typically have higher interest rates (0.5-2% above conventional) and may include additional fees due to increased lender risk.
Larger Down Payments
Expect 10-25% down payment requirements, with investment properties requiring 20-30% down.
Income Verification
Lenders will scrutinize bank statements for consistent deposits, returns, and unusual transactions.
Cash Flow Analysis
Strong, consistent cash flow over 12-24 months is essential for qualification and favorable terms.
Ready to Get Pre-Approved?
Get your bank statement loan pre-approval with an experienced Non-QM specialist
Licensed mortgage broker with NEXA Mortgage • NMLS #1426884 • Non-QM Specialist
Important Disclaimers
This is not a commitment to lend. All information contained herein is subject to change without notice. All loans are subject to credit approval, income verification, and property appraisal. Equal Housing Lender.
This material is not from HUD or FHA and has not been approved by HUD or any government agency. The information provided is for informational purposes only and is not an advertisement for products or services.
Interest rates and loan terms are subject to change without notice. All information must be verified prior to loan approval. Mo Abdel - NMLS #1426884, Licensed Mortgage Loan Originator with NEXA Mortgage.