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Rohnert Park sits in Sonoma County wine country. Self-employed borrowers here — contractors, restaurateurs, vineyard operators — rarely fit a W-2 mold.
Bank statement loans exist for exactly this profile. Your tax returns show low income. Your deposits tell a different story.
12 or 24 months
Statement Period
620–640 typical
Min Credit Score
10% (lender varies)
Min Down Payment
Non-QM
Loan Type
Bank Statement Loans in Rohnert Park
Lenders look at 12 or 24 months of personal or business bank statements. They average your deposits to calculate qualifying income.
Expect a minimum credit score around 620-640. Down payments typically start at 10%. Rates run higher than conventional — 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 Rohnert Park.
Rohnert Park sits in Sonoma County wine country. Self-employed borrowers here — contractors, restaurateurs, vineyard operators — rarely fit a W-2 mold.
Bank statement loans exist for exactly this profile. Your tax returns show low income. Your deposits tell a different story.
Lenders look at 12 or 24 months of personal or business bank statements. They average your deposits to calculate qualifying income.
Most retail banks don't offer bank statement loans. This is a non-QM product — meaning it doesn't meet standard government guidelines.
Wholesale lenders specialize here. SRK CAPITAL works with 200+ of them. That access matters when you need rate and guideline options side by side.
Business bank statements get an expense factor applied — often 50%. Personal statements are used at full deposit value. Know which account tells your best income story before you apply.
Two years of self-employment history is standard. Some lenders accept 12 months. Don't assume — ask before you submit anything.
If you have clean 1099s, a 1099 loan might qualify you at a lower rate. If your income is hard to document any way, an asset depletion loan uses savings instead.
DSCR loans skip income entirely — but only work for investment property. Bank statement loans cover primary residences, second homes, and investment properties.
Sonoma County's economy runs heavily on hospitality, tourism, and agriculture. Many workers here own their business or operate seasonally — both fit poorly in conventional lending.
Rohnert Park itself has a mix of long-term residents and newer buyers priced out of Santa Rosa. Self-employed buyers here are common. Lenders who understand this market expect it.
Yes, but lenders apply an expense factor — often 50% — to business deposits. Personal accounts count at full value.
Most lenders require two years. Some accept 12 months with strong compensating factors like a higher credit score.
Yes. Bank statement loans work for primary residences, second homes, and investment properties.
Expect a higher rate than conventional. Rates vary by borrower profile and market conditions — get quotes before assuming the gap is too large.
Lenders average your deposits over 12 or 24 months. Seasonal income patterns are common and lenders experienced in non-QM expect them.