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Orange County runs on small business owners, consultants, and contractors. Many of them can't show a tax return that reflects what they actually earn.
Bank statement loans fix that. You use 12 to 24 months of deposits to prove income — not a W-2, not a tax return.
660–680 typical
Min Credit Score
12–24 months
Statements Required
10%–20%+
Down Payment
2 years typical
Self-Employed History
Non-QM
Loan Type
Bank Statement Loans in Fountain Valley
Most lenders want 12 months of personal or 24 months of business bank statements. Business accounts typically apply a 50% expense factor to deposits.
Credit requirements are stricter than conventional loans. Expect a 660–680 minimum. Down payments typically start at 10%, but 20% gets you better pricing.
Local decision guide
Use this guide to connect bank statement loans eligibility, lender expectations, and local market factors before comparing payment options in Fountain Valley.
Orange County runs on small business owners, consultants, and contractors. Many of them can't show a tax return that reflects what they actually earn.
Bank statement loans fix that. You use 12 to 24 months of deposits to prove income — not a W-2, not a tax return.
Most lenders want 12 months of personal or 24 months of business bank statements. Business accounts typically apply a 50% expense factor to deposits.
Bank statement loans are non-QM products. That means your local bank almost certainly doesn't offer them.
Wholesale non-QM lenders do. At SRK CAPITAL, we work with 200+ lenders — several of them specialize in exactly this product.
The biggest mistake I see: borrowers submit business bank statements without understanding the expense factor. If your lender uses 50%, only half your deposits count as income.
Personal bank statements often qualify you for more. Run both scenarios before you commit to one approach.
If you have strong 1099 income, a 1099 loan might qualify you at a better rate. If your business shows clean profits, a P&L statement loan is worth comparing.
Heavy on assets but light on income? Asset depletion loans calculate income from your portfolio instead. We shop all four options to find your best fit.
Fountain Valley has a dense concentration of Korean-American and Vietnamese-American small business owners. Many run cash-heavy or service businesses where taxable income gets minimized.
That's exactly the borrower this loan was built for. Strong deposits, low reported income — bank statement loans close that gap.
Yes, but most lenders require you to choose one or the other. We compare both to find which qualifies you for more.
Most lenders require 2 years of self-employment history. Some will go to 12 months with strong compensating factors.
Yes. Non-QM rates run higher than conventional. Rates vary by borrower profile and market conditions.
Business statements typically use a 50% factor, though some lenders accept a CPA letter to justify a lower factor.
Some non-QM lenders allow 10% down on bank statement loans. Higher down payments reduce your rate and remove MI requirements.
One-time large transfers can skew averages and raise red flags. Lenders average your monthly deposits, so consistency matters most.