Self-Employed – California Bank Statement Loan
No Tax Returns Needed to Qualify
The California Bank Statement Loan may be a good option for you if you have been self-employed for 2 years, maximize your tax deductions to minimize your tax liability, but have excellent cash flow. With this loan program, it is possible to document your income by adding up the deposits on your 12 most recent bank statements. The total deposit will replace the income reporting on your tax returns for qualifying.