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Mariposa sits at the gateway to Yosemite. That draws self-employed residents — guides, innkeepers, contractors, and remote workers.
These borrowers often show low taxable income on returns. Bank statement loans solve that problem directly.
620–660 typical
Min Credit Score
As low as 10%
Down Payment
12–24 months
Statements Required
Bank deposits only
Income Verification
Non-QM
Loan Type
Bank Statement Loans in Mariposa
Lenders use your bank deposits — not your tax returns — to calculate income. Most programs average 12 or 24 months of statements.
Expect a minimum credit score around 620–660. Down payments typically start at 10%. Rates vary by borrower profile and market conditions.
Local decision guide
Use this guide to connect bank statement loans eligibility, lender expectations, and local market factors before comparing payment options in Mariposa.
Mariposa sits at the gateway to Yosemite. That draws self-employed residents — guides, innkeepers, contractors, and remote workers.
These borrowers often show low taxable income on returns. Bank statement loans solve that problem directly.
Lenders use your bank deposits — not your tax returns — to calculate income. Most programs average 12 or 24 months of statements.
Most retail banks won't touch bank statement loans. These are non-QM products — non-qualified mortgage — held by specialty lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. That means real options, not just whoever approves non-QM in your zip code.
The biggest mistake I see: borrowers bring business statements with heavy expenses. The lender applies an expense ratio — often 50% — and income drops fast.
Personal statements usually yield higher qualifying income. Know which account tells your best story before you apply.
If you get 1099s, a 1099 loan may qualify you at higher income than bank statements. Both skip tax returns.
Strong assets but low cash flow? Asset depletion loans convert savings into qualifying income instead.
Mariposa County is rural. Some lenders add overlays — stricter rules — for rural properties or limit loan amounts in low-density counties.
Tourism-driven income can look seasonal on statements. A broker who knows how lenders read that pattern saves you from a bad file.
Yes. Most lenders apply an expense ratio to business deposits. Personal statements often produce a higher qualifying income.
Most programs require 12 months minimum. 24 months gives lenders a fuller picture and can improve your terms.
It can. Lenders average deposits across all months. A slow off-season pulls your monthly average down.
Yes, but lender options narrow in rural counties. Not every non-QM lender approves rural or mountain properties.
Bank statement loan rates run higher than conventional. Rates vary by borrower profile and market conditions.
Most lenders require it. Some allow 12 months with strong statements and compensating factors like higher reserves.