Bank Statement / No-Doc in Santa Rosa

Investors whose income comes from a business, not a W-2. The wine industry is the county's identity, but it shows up in the employer data as many small operators rather than one anchor employer, alongside food and beverage manufacturers like Amy's Kitchen in Petaluma and Santa Rosa, hospitality businesses, and a wide base of trades and construction operators. That is the income profile a tax return often understates and a bank statement reads accurately.

Yes, we underwrite what actually moved through your accounts, not your net taxable income. Sonoma County's wine and hospitality sector is built from many small operators, not a handful of large employers, and returns for that kind of business are often structured to minimize taxable income rather than to showcase cash flow. A bank statement loan reads 12 to 24 months of deposits instead of a Schedule C, so a write-off-heavy return doesn't work against a business that is actually cash-flowing.

It can, as deposit income on your bank statements, the same as any other business revenue. The City of Santa Rosa allows a hosted short-term rental where the owner lives in the unit as a principal residence more than half the year, and that lodging revenue is reported and taxed through the city's Transient Occupancy Tax, not a W-2. If that revenue lands in your bank accounts, it reads like any other self-employed deposit history under this program. It is a narrow path, though: Santa Rosa is no longer accepting new non-hosted rental applications, and unincorporated Sonoma County limits vacation rental permits to one per person and voids them on sale, so this works for an owner-occupant host, not a non-occupant investor counting on rental income to qualify.

Yes, project-based construction income is exactly what a bank statement loan is designed to read. Sonoma County rebuilt for years after the 2017 Tubbs Fire, the 2019 Kincade Fire, and the 2020 Glass Fire, and construction operators are one of the county's standing business categories, most of them earning on 1099 and owner-operator income rather than a payroll W-2. A bank statement loan qualifies on the deposits that income actually generates, so a lumpy, job-by-job construction income history doesn't get read as a weakness.

From 20% of the purchase price. On a property near the Santa Rosa median of roughly $815,000 as of mid-2026, that is about $163,000 down and up to $652,000 from us (815,000 x 20% = 163,000). Twenty percent is the floor rather than the expectation: a lumpier deposit history, a thinner reserve position, or a weaker property usually moves the down payment up rather than turning the file down. Subject to underwriting.

Credit starts at 640, and we write from $100,000 to $3,000,000. This program reads 12 to 24 months of bank deposits instead of a tax return, so a write-off-heavy file from a small wine, hospitality, food-manufacturing, or construction business doesn't work against you the way it can with a conventional lender. Terms run short-term or 30-year, on investment or business-purpose property, in your personal name or an LLC. Subject to underwriting.

A bank statement loan qualifies you on 12 to 24 months of business or personal bank deposits instead of tax returns, which suits self-employed borrowers whose returns understate their real income. A no-doc (or no-ratio) loan goes further and leans on the property and your reserves rather than any income calculation. Both are business-purpose loans for investment property, not consumer mortgages.

Correct. We do not ask for tax returns, W-2s, or pay stubs on these programs. We verify the deal, your credit, and either your bank-statement cash flow or your reserves, depending on the structure. It is built so write-offs and a complex return do not work against a strong borrower.

Self-employed investors, business owners, and 1099 or commission earners whose write-offs shrink their taxable income. If your bank deposits tell a stronger story than your tax return, this is usually the right fit.

We lend from a credit score of 640, with the best terms going to stronger credit, and a down payment starting around 20%. Across the market these programs often want 660 or higher and 20% to 30% down. Stronger credit and more equity improve both your rate and your leverage.

Pricing is higher than a fully documented conventional loan because the lender takes on more uncertainty, and it varies with your credit, leverage, and the structure. We offer both short-term and long-term options, so we match the term to whether you are flipping, bridging, or holding.

Yes. These are business-purpose loans and routinely close in an LLC or other entity. Holding investment property in an entity is standard and often preferred.