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Fullerton has a strong base of small business owners, contractors, and freelancers. Many of them can't qualify with a W-2 — and bank statement loans exist for exactly that reason.
This is a non-QM loan. That means it falls outside standard Fannie Mae guidelines. Lenders use 12 to 24 months of deposits to calculate your income instead of tax returns.
12–24 Months
Bank Statements Needed
620+
Min Credit Score
Up to $3M+
Max Loan Amount
No
Tax Returns Required
10–20%
Typical Down Payment
Bank Statement Loans in Fullerton
Most lenders want to see at least 12 months of bank statements. 24 months gives you a stronger file and usually better pricing.
Credit score requirements vary by lender. Most programs start around 620 to 640. 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 Fullerton.
Fullerton has a strong base of small business owners, contractors, and freelancers. Many of them can't qualify with a W-2 — and bank statement loans exist for exactly that reason.
This is a non-QM loan. That means it falls outside standard Fannie Mae guidelines. Lenders use 12 to 24 months of deposits to calculate your income instead of tax returns.
Most lenders want to see at least 12 months of bank statements. 24 months gives you a stronger file and usually better pricing.
Most retail banks don't offer bank statement loans. This is a wholesale and non-QM lender product. You won't find it walking into a Chase branch.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize in non-QM programs and compete hard on bank statement loan pricing.
The biggest mistake I see: borrowers bring personal statements when business statements are stronger — or vice versa. Which account you use matters a lot.
Expense ratios are the other trap. Some lenders apply a flat 50% expense factor to business accounts. Others let you submit a CPA letter to lower it. That difference can change your qualifying income by thousands.
If you get 1099s instead of W-2s, a 1099 loan might qualify you at a higher income. It's worth running both scenarios before committing.
If you own rental property, a DSCR loan skips income verification entirely. For purchases of investment property, that's often a cleaner path.
Fullerton sits in Orange County, where home prices are high enough that loan amounts matter. Bank statement loans can go well into jumbo territory — some programs go to $3M or more.
Orange County has a dense concentration of business owners in tech, trades, healthcare, and consulting. Bank statement loans are one of the most-used non-QM products we run for borrowers in this area.
Yes. Many lenders allow personal statements. Business statements often show higher deposits but may trigger an expense factor that reduces qualifying income.
Most lenders require 2 years of self-employment history. Some accept 1 year with strong deposits and reserves.
Yes. Non-QM loans carry more risk for lenders, so rates run higher. Rates vary by borrower profile and market conditions.
Inconsistent deposits raise red flags. Lenders average deposits over the statement period, but big gaps can hurt your file.
Loan limits depend on lender and qualifying income. Many programs go to $3M or higher for strong borrowers in Orange County.
Some lenders allow bank statement loans on investment properties. A DSCR loan is often a better fit for rentals — it skips income verification entirely.