Fullerton is a vibrant city in northern Orange County, known for its mix of historic architecture, family neighborhoods, and college-town energy. From Downtown Fullerton to Sunny Hills, Raymond Hills, and Amerige Heights, the city offers great real estate options for entrepreneurs, artists, consultants, and gig workers. But many self-employed individuals struggle to qualify for traditional home loans due to tax write-offs or fluctuating income. That’s where Fullerton Bank Statement Loans come in—offering a smart, flexible financing alternative.
At Independent Home Finance Inc., we help Fullerton’s self-employed community secure home loans based on real income—not just what’s reported on a tax return.
What Are Fullerton Bank Statement Loans?
These loans allow you to qualify for a mortgage based on 12 months of personal or business bank statements rather than tax returns or W-2s. They’re ideal for borrowers who have strong cash flow but show lower taxable income due to business deductions.
Key Benefits of a Bank Statement Loan
No Tax Returns Required
You don’t need W-2s or tax returns to qualify.
Higher
Loan Limits
Borrow more than with traditional mortgage options.
Flexible Income Verification
Approval is based on bank statements, not reported income.
Multiple Property Types Allowed
Finance primary homes, second homes, or investments.
With a Bank Statement Loan, self-employed borrowers can qualify using their actual cash flow, making homeownership more accessible.
Who Qualifies for Fullerton Bank Statement Loans?
Borrowers must be self-employed for at least 2 years, or 20–24 months in business with relevant experience. A 12-month deposit history is required.
Ideal borrower profiles in Fullerton include:
- Realtors and digital marketers
- Independent creatives and content producers
- Contractors and small business owners
- Consultants, freelancers, and gig economy professionals
- Retirees with alternative income sources
A credit score of 620+ is preferred. Borrowers should also be two years removed from any major credit issues.
How the Fullerton Bank Statement Loans Process Works
- Submit Bank Statements: Provide 12 months of personal or business bank statements.
- Personal: 100% of deposits count as income.
- Business: 50–65% of deposits are counted depending on business type and expenses.
- Underwriting Review: A CPA letter may be requested but can often be waived.
- Loan Use: Funds may be used for home purchase, refinance, or cash-out purposes.
Common Bank Statement Loan Questions:
Why Choose Independent Home Finance Inc. for Fullerton Bank Statement Loans?
Whether you’re buying in Sunny Hills, upgrading in Amerige Heights, or investing near Cal State Fullerton, we offer mortgage programs built for the self-employed. With fast approvals and expert support, Independent Home Finance Inc. helps you get the home financing you deserve.
Call (888) 315-7784 or Apply Online Now to get started with a Fullerton Bank Statement Loan today.
How much do you qualify for?
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