Loading
in Mountain View, CA
Mountain View attracts high-earning founders, consultants, and tech investors. Standard W-2 loans often miss the mark for this crowd.
Both Bank Statement and DSCR loans are non-QM products. They skip traditional income verification — but they serve very different borrowers.
Bank Statement loans are built for self-employed borrowers. Lenders use 12 to 24 months of deposits to calculate your income — no tax returns needed.
This works well for consultants, business owners, and freelancers. If your write-offs crush your taxable income, this loan sees past that.
DSCR loans qualify based on the rental property's cash flow — not yours. Lenders divide the monthly rent by the mortgage payment to get the ratio.
A DSCR of 1.0 means rent covers the payment. Most lenders want 1.1 or higher. Your personal income doesn't enter the equation.
Bank Statement loans look at you — your deposits, your business. DSCR loans look at the property — its rent, its expenses.
Rates on both products run higher than conventional loans. Rates vary by borrower profile and market conditions. DSCR loans often allow LLC ownership. Bank Statement loans typically require personal title.
Buying a primary residence in Mountain View and self-employed? Bank Statement is your path. DSCR won't work — it's investor-only.
Buying a rental in Mountain View? Run the DSCR numbers first. If rent covers the payment at 1.1x or better, DSCR is usually the cleaner deal.
No. DSCR loans are for investment properties only. For a primary home, Bank Statement is the non-QM option.
Most lenders want a 620 minimum, but better rates kick in above 700. Credit score matters more here than with DSCR.
Yes — most DSCR lenders allow LLC vesting. Bank Statement loans typically require personal title on the property.
DSCR loans often close faster. There's less income documentation to verify. Bank Statement loans need time to analyze deposits.
Some lenders allow DSCR below 1.0, but expect higher rates and a larger down payment. A ratio at or above 1.1 is a much stronger file.