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Weaverville sits deep in Trinity County — a rural market where self-employment isn't the exception. It's the norm.
Contractors, timber workers, and small business owners often can't show W-2 income. Bank statement loans exist for exactly this situation.
660+
Min Credit Score
12–24 Months
Statements Required
Self-Employed
Employment Type
10–20%
Down Payment
Bank Statement Loans in Weaverville
Lenders use 12 or 24 months of bank statements to calculate your income. Personal or business accounts both work.
Most programs want a 660+ credit score and 10–20% down. Stronger profiles get better terms. 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 Weaverville.
Weaverville sits deep in Trinity County — a rural market where self-employment isn't the exception. It's the norm.
Contractors, timber workers, and small business owners often can't show W-2 income. Bank statement loans exist for exactly this situation.
Lenders use 12 or 24 months of bank statements to calculate your income. Personal or business accounts both work.
Most banks don't offer bank statement loans. This is a non-QM product — and most retail lenders don't touch it.
SRK CAPITAL works with 200+ wholesale lenders. Several specialize in non-QM programs built for borrowers exactly like yours.
The biggest mistake I see: borrowers submitting too few months of statements. Go with 24 if your income dips seasonally.
Business account statements require an expense factor — usually 50%. Personal accounts count deposits at full value. Know which helps you more before you apply.
If you get 1099s instead of W-2s, a 1099 loan might qualify you at a better rate. It's worth running both scenarios.
DSCR loans work if you're buying a rental property. Asset depletion loans work if you hold significant savings. Bank statement loans are best for active business income.
Trinity County is rural. Property types here — cabins, mountain homes, acreage — can limit which lenders will fund the deal.
Non-QM lenders already price in risk differently. Make sure your lender is comfortable with rural collateral before you get deep into the process.
No. Sole proprietors qualify. You just need 12–24 months of consistent deposits showing business income.
Some lenders allow it. Most want one or the other. Your broker should match you to a lender with flexible guidelines.
Yes, typically. Non-QM programs carry more risk for lenders. Rates vary by borrower profile and market conditions.
Some non-QM lenders are comfortable with rural collateral. Others aren't. That's why lender selection matters here.
Non-QM closings typically run 21–30 days. Rural appraisals can add time — plan accordingly.