Santa Ana, with its vibrant downtown, rich cultural history, and growing number of small businesses, is home to a large self-employed population. From creatives and consultants to service professionals and independent contractors, many residents earn strong income that isn’t fully reflected on tax returns. That’s where Santa Ana Bank Statement Loans come in—giving borrowers the chance to qualify using their personal or business bank deposits instead of W-2s or traditional tax documents.
At Independent Home Finance Inc., we help Santa Ana residents secure home financing that reflects their real earning power. Whether you're buying in Floral Park, upgrading near South Coast Metro, or investing in a duplex in Mid-City, our Santa Ana Bank Statement Loans are designed to work for self-employed buyers.
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.
What Are Santa Ana Bank Statement Loans?
These loans are built for self-employed individuals who may have strong cash flow but show low taxable income due to business write-offs. Instead of evaluating tax returns, we verify income using 12 months of personal or business bank statements.
This program is ideal for Santa Ana professionals working in construction, hospitality, wellness, consulting, and other small business sectors.
Who Qualifies for Santa Ana Bank Statement Loans?
This program is open to self-employed borrowers with at least two years in business. Borrowers with 20+ months of experience and a strong industry background may also qualify. A 12-month history of consistent deposits is required.
Typical Santa Ana borrowers include:
- Small business owners in retail and personal services
- Gig economy and rideshare drivers
- Consultants, designers, and contractors
- Real estate professionals and freelance creatives
- Retirees with rental income or alternative earnings
A credit score of 620 or higher is recommended. Borrowers should also be two years removed from major credit events such as foreclosure or bankruptcy.
Common Bank Statement Loan Questions:
How the Santa Ana Bank Statement Loans Process Works
- Submit Bank Statements: Provide 12 months of personal or business statements.
- Personal: 100% of deposits may be used.
- Business: Typically, 50–65% of deposits are considered.
- Underwriting & Review: A CPA letter may be needed in some cases, but consistent deposits may waive the requirement.
- Approval & Funding: Use the loan for a purchase, refinance, or cash-out refinance.
Why Choose Independent Home Finance Inc. for Santa Ana Bank Statement Loans?
Santa Ana’s real estate landscape—from historic charm to urban convenience—offers excellent opportunities for self-employed buyers. At Independent Home Finance Inc., we understand local trends and provide fast, flexible approvals tailored to your situation. Whether you're targeting Washington Square, Santa Anita, or Bristol-Warner, we’re here to help.
Call (888) 315-7784 or Apply Online Now to take the first step toward your Santa Ana mortgage today.
How much do you qualify for?
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