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Sutter Creek draws a strong mix of small business owners, contractors, and self-employed buyers. Standard W-2 loans often don't fit their income picture.
Bank statement loans solve that. Show 12 to 24 months of deposits — no tax returns required.
640+
Min Credit Score
12–24 Months
Statements Required
10–20%
Down Payment
Non-QM
Loan Type
Bank Statement Loans in Sutter Creek
Lenders calculate your income from average monthly deposits. Personal accounts typically use 100% of deposits. Business accounts often use 50%.
Most lenders want a 640+ credit score. Expect to put down 10–20%. Loan amounts vary widely by lender and profile.
Local decision guide
Use this guide to connect bank statement loans eligibility, lender expectations, and local market factors before comparing payment options in Sutter Creek.
Sutter Creek draws a strong mix of small business owners, contractors, and self-employed buyers. Standard W-2 loans often don't fit their income picture.
Bank statement loans solve that. Show 12 to 24 months of deposits — no tax returns required.
Lenders calculate your income from average monthly deposits. Personal accounts typically use 100% of deposits. Business accounts often use 50%.
Most retail banks don't offer bank statement loans. You need a non-QM lender — and not every broker has access to them.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize in non-QM products built for self-employed buyers.
Self-employed borrowers often write off a lot. That kills income on paper. Bank statements show what actually hits your account.
Keep your statements clean for 12 months before applying. Large unexplained deposits will get flagged and require a letter of explanation.
If you get 1099s, a 1099 loan may qualify you at better rates. If you own rentals, a DSCR loan uses property income instead.
Bank statement loans fit best when you run a business and your tax returns understate your real income.
Sutter Creek has a strong base of wine industry workers, contractors, and small shop owners. Many have irregular or seasonal income.
That income pattern fits bank statement loans well. Seasonal deposit spikes are common — lenders average them over 12 to 24 months.
Most lenders require at least 2 years self-employed. Some will accept 1 year with strong deposits and a solid credit profile.
Yes. Business accounts are accepted, but lenders typically count 50% of deposits as income to account for expenses.
Yes. Non-QM loans carry higher rates than conventional. Rates vary by borrower profile and market conditions.
Most lenders require 12 months minimum. Providing 24 months can improve your qualifying income average.
Bank statement loans work for primary residences, second homes, and investment properties. Primary homes are the most common use.