Orange, California blends historic charm with modern living and thriving business districts. Whether you're near the Old Towne Historic District, living in Orange Park Acres, enjoying the hills of Santiago Canyon, or investing around Chapman University, Orange offers attractive real estate options for entrepreneurs, freelancers, and small business owners. For many of these self-employed residents, however, traditional mortgages fall short. Orange Bank Statement Loans offer an alternative—allowing borrowers to qualify based on bank deposits instead of W-2s or tax returns.
At Independent Home Finance Inc., we specialize in helping self-employed buyers throughout Orange get the financing they deserve based on real income—not paperwork.
What Are Orange Bank Statement Loans?
Bank Statement Loans are designed for self-employed individuals whose tax returns may not reflect their full income due to deductions. Instead, lenders analyze 12 months of personal or business bank statements to assess income and qualify you for a loan.
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 Orange Bank Statement Loans?
Borrowers must be self-employed for at least 2 years, or 20–24 months with experience in the same field. A steady 12-month deposit history is required.
Typical borrower profiles in Orange include:
- Realtors, designers, and consultants
- Contractors and local business owners
- Gig workers and digital freelancers
- Medical and wellness professionals
- Retirees with alternative income
A 620+ credit score is recommended, and applicants should be two years removed from any major credit events like bankruptcy or foreclosure.
How the Orange Bank Statement Loans Process Works
- Submit 12 Months of Bank Statements:
- Personal accounts: 100% of deposits are counted.
- Business accounts: 50–65% of deposits considered based on expenses.
- Underwriting: A CPA letter may be required but can often be waived.
- Funding: Loans can be used for home purchases, refinancing, or cash-out options.
Common Bank Statement Loan Questions:
Why Choose Independent Home Finance Inc. for Orange Bank Statement Loans?
Whether you're buying in Santiago Hills, investing near Chapman University, or upgrading in Orange Park Acres, we offer expert guidance, fast approvals, and mortgage programs tailored for self-employed borrowers. At Independent Home Finance Inc., your financial reality—not your tax return—guides the process.
Call (888) 315-7784 or Apply Online Now to start your journey with an Orange Bank Statement Loan today.
How much do you qualify for?
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