Self Employed San Diego CA Bank Statement Mortgage Lenders

SAN DIEGO BANK STATEMENT ONLY MORTGAGE LENDERS- NO TAX RETURNS!Alpine, CA, Bonita, CA,Campo, CA,Cardiff By The Sea, CA,Chula Vista, CA,Coronado, CA,Del Mar, CA,Descanso, CA,Dulzura, CA,El Cajon, CA,Guatay, CA,Imperial Beach, CA,Jamul, CA,La Jolla, CA,La Mesa, CA,Lakeside, CA,Lemon Grove, CA,Mount Laguna, CA,National City, CA,Pine Valley, CA,Potrero, CA,Poway, CA,Rancho Santa Fe, CA,San Ysidro, CA,Santee, CA,Solana Beach, CA,Spring Valley, CA,Tecate, CA,
SAN DIEGO CA San Diego CA Self Employed BANK STATEMENT MORTGAGE LENDERS|. 10% DOWN+STATED INCOME SAN DIEGO CA MORTGAGE LENDERS- Are you San Diego self-employed or 1099 wage earner and having a hard time getting pre-approved for a SAN DIEGO CA mortgage?  We know the story. Your Gross income is through the roof but after the accountant works their magic there isn’t much income left to purchase or refinance a SAN DIEGO CA home!


Self-Employed Mortgage Lenders Program Highlights Summary

10% Down with a 660 & 15% Down with a 600 Score!

    • No tax returns Needed! Proof of 2 years self-employed!
    • Owner-occupied, 2nd homes and investment properties.
    • Loan Amounts From $150,000 to $5,000,000.
    • 12 months personal or 24 months business bank statements
    • Debt to income up to 50% considered.
    • Choose either a 5/1 and 7/1 ARM’S and/or 30-year fixed.
    • No prepayment penalty for owner-occ and 2nd homes
    • Seller paid closing cost allowed up to  6%. 
    • Business Bank Statment Expense Ratio Options Include:

4 Different Options For using Business Bank Statement Only!

1) 3 MONTH BUSINESS STATEMENTS (24 Mo. Tax Preparer P&L)
2) BORROWER PREPARED P&L (24 Mo. Business Statements)
3) 24 MONTH BUSINESS STATEMENTS (Tax Preparer Expense Letter)
3) 24 MONTH BUSINESS STATEMENTS (50% Of gross income used No questions asked)

        Non-warrantable condos considered bank Statement Only borrowers that can document their income by providing the following:

  1. Bank Statement Lenders Worksheet
  2. Bank Statement Lenders 24 Month Profit and Loss Statement Request


• Business or Personal Statements to 90% LTV!!!
• 100% of Deposits for Personal Statements! or
• 100% of Deposits for Business Statements!
• Don’t look at Withdrawals!
• Don’t look at Overdrafts!
• No P&L!
• No Reserves!
90% LTV – after Foreclosure, Short Sale or BK
Our Stated and Bank Statement Only Loan Approvals Up to $3,000,000 Loan Amounts
1.Min 500 FICO!
2. 24 Months of Statements
3. Owner Occ. w/ 600 Fico, Non-Owner & 2nd Homes w/500 Fico
4. San Diego CA Self Employed and 1099 borrowers only
5. Only 6 NSF’s in most recent 12 months



24 Months Bank Statement Only California Employment Types:

  • San Diego CA Self Employed
  • 1099
    o Must provide business license, Tax Preparer’s NOT Audited letter or corporate paperwork.

US Mortgage Lenders will accept Personal or Business Bank Statements.  However, qualifying income will be calculated differently.

San Diego California Personal Bank Statements:  100% of Deposits- Add all deposits for all 24 months and divide that amount by 24 to receive the monthly income amount we will apply as the borrower’s qualifying income.

Ex. 24 months deposits total = $200,000 / 24 = $8,333 a month income.

San Diego California Business Bank Statements:  50% of Deposits- Add all deposits for all 24 months, divide by 2, and then divide by 24 to receive the monthly income amount we will give to the borrower.

Ex. 24 month deposit total = $500,000 / 2 = $250,000 / 24 = $10,333 a month income. * Only 50% is used because we have to assume the business has overhead.

Details of San Diego California Bank Statement Only Lenders Program:

Personal & Business Guidelines

  • Only deposits can be used Transfers are NOT counted on personal and case-by-case for business*
  • Must have 24 consecutive months of statements (no gaps)
  • Must provide All pages (even the last pages with advertising)
  • Can not commingle (use two different accounts) statements**
  • If the account was used and closed and new account for the remainder of statements must show the closing of old account and an opening of a new account

California bank Transfers may be accepted for business statements when they come from credit card clearing houses (examples: Paypal, Square, AMEX, etcetera).  Case-by-Case and must be considered normal for the California company.

California Multiple bank accounts are considered on a case-by-case when (a) one account is closing and reopening the new account, or (b) for Business accounts that are two different and autonomous California businesses.

Self Employed Lenders San Diego, CA

  • Alpine, CA
  • Bonita, CA
  • Campo, CA
  • Cardiff By The Sea, CA
  • Chula Vista, CA
  • Coronado, CA
  • Del Mar, CA
  • Descanso, CA
  • Dulzura, CA
  • El Cajon, CA
  • Guatay, CA
  • Imperial Beach, CA
  • Jamul, CA
  • La Jolla, CA
  • La Mesa, CA
  • Lakeside, CA
  • Lemon Grove, CA
  • Mount Laguna, CA
  • National City, CA
  • Pine Valley, CA
  • Potrero, CA
  • Poway, CA
  • Rancho Santa Fe, CA
  • San Ysidro, CA
  • Santee, CA
  • Solana Beach, CA
  • Spring Valley, CA
  • Tecate, CA
  • Find regulations and documents needed to build your company in the City of San Diego

  • Become a vendor for the City and bid on current or future projects

  • Find resources and funding to grow your business

  • Establish water and sewer services and understand your bill

  • Learn about the construction process for homeowners, including zoning, permits and inspections

  • Submit permits online for gas, electrical, mechanical and plumbing projects

  • Incorporate energy-efficient and water-saving practices into your business operations

  • Find zoning designations according to the City’s Land Development Code

  • View permit activity and search project status by name or address


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We are US Mortgage Lenders. Major real estate brokerages regularly entrust their clients to our team due to our reputation for transparency, delivering on time, customer satisfaction and loyalty. With five-star customer reviews on and counting, you’re assured of having the backing of an experienced team.

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