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Antioch sits on the eastern edge of Contra Costa County. It draws self-employed buyers who want more space without Bay Area price tags.
Bank statement loans were built for this borrower. Your tax returns don't tell the full story — your deposits do.
660 (typical)
Min Credit Score
12 or 24 months
Statements Required
10–20%
Min Down Payment
2 years
Self-Employment Min
Non-QM
Loan Type
Lenders use 12 or 24 months of bank statements to calculate your income. They average your deposits and apply an expense factor.
Most lenders want a 660+ credit score and 10-20% down. Two years of self-employment is the standard minimum.
Bank statement loans are non-QM products. Most retail banks don't offer them. You need a broker with access to wholesale non-QM lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize in bank statement programs with competitive terms.
The biggest mistake I see: borrowers bring personal and business statements mixed together. Keep them separate before you apply.
Business bank statement programs apply an expense ratio — often 50%. Personal statement programs use a higher percentage of deposits. Which one works better depends on how you run your finances.
A 1099 loan is worth comparing if most of your income comes from 1099 clients. It skips the bank statement math entirely.
DSCR loans are the better call if you're buying a rental in Antioch. They qualify on property cash flow, not your income at all.
Antioch has a strong base of small business owners, contractors, and tradespeople. Bank statement loans fit this community well.
Contra Costa County properties at various price points are accessible on this program. Loan limits are set by the lender, not a government agency.
No. Sole proprietors qualify. You need proof of self-employment, like a business license or CPA letter.
Some lenders allow it. Most require you to pick one. Your broker will run the numbers both ways.
They average monthly deposits over 12 or 24 months. Business statements get an expense ratio applied first.
Yes, typically. Non-QM loans carry more lender risk. Rates vary by borrower profile and market conditions.
Plan for 10% minimum, though 20% gets you better rates and avoids extra lender overlays.
Yes, many non-QM lenders allow 2-4 unit purchases. Guidelines vary, so ask your broker upfront.
Bank Statement Loans in Antioch