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Napa runs on small business. Wine industry owners, restaurateurs, and hospitality operators rarely show taxable income that reflects what they actually earn.
Bank statement loans skip the tax return. Lenders look at 12 to 24 months of deposits instead — which is how most self-employed Napa borrowers actually qualify.
620–640 typical
Min Credit Score
12 or 24 months
Statements Required
10% possible
Min Down Payment
2 years typical
Self-Employed History
Non-QM
Loan Type
Bank Statement Loans in Napa
Most lenders want to see 12 months of bank statements minimum. Twenty-four months gives you a stronger file and often a better rate.
Expect a minimum credit score around 620 to 640. Down payment requirements typically start at 10%, though 20% or more gets you better pricing. 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 Napa.
Napa runs on small business. Wine industry owners, restaurateurs, and hospitality operators rarely show taxable income that reflects what they actually earn.
Bank statement loans skip the tax return. Lenders look at 12 to 24 months of deposits instead — which is how most self-employed Napa borrowers actually qualify.
Most lenders want to see 12 months of bank statements minimum. Twenty-four months gives you a stronger file and often a better rate.
Bank statement loans are non-QM products. That means they're not sold to Fannie Mae or Freddie Mac — only specialty lenders offer them.
Most retail banks won't touch these. You need access to wholesale non-QM lenders, which is exactly where a broker with a wide network has the advantage.
The biggest mistake self-employed Napa borrowers make: they show a bank statement file with large unexplained transfers between accounts. Lenders count those as double deposits and reduce qualifying income.
Keep business and personal accounts clean and separate before you apply. That single move can significantly change your qualifying income — and what you can afford.
A 1099 loan works if your income comes from contract work. A P&L loan works if your accountant can document income cleanly. Bank statement loans work when deposits tell the strongest story.
DSCR loans are the other path — but those are for rental properties, not primary residences. For a Napa home purchase, bank statement is often the most direct route for business owners.
Napa property values are high. Many borrowers need loan amounts that push into jumbo territory. Non-QM jumbo bank statement loans exist — but expect tighter credit and reserve requirements.
Wine and hospitality income can be seasonal. Lenders know this. A 24-month average smooths out those swings better than 12 months, especially if one quarter is always slower.
Yes, most lenders accept business statements. They'll apply an expense ratio — typically 50% — to estimate your net income from deposits.
Most lenders require at least two years of self-employment. Some will go to one year with strong compensating factors like high reserves.
Yes, typically. Non-QM loans carry more risk for lenders, so rates are higher. Rates vary by borrower profile and market conditions.
Bank statement loans are for residential properties. Commercial or agricultural purchases require different loan products entirely.
Most lenders start at 620 to 640. Higher scores get better rates and lower down payment requirements.
Expect 6 to 12 months of reserves for most files. Jumbo loan amounts or lower credit scores often push that requirement higher.