CALIFORNIA BANK STATEMENT
LOAN RATES

Self Employed Jumbo Bank Statement Loans & High Balance Options for Buying, Refinancing, and Cash Out

If you’re self employed in California—business owner, entrepreneur, 1099 earner, or commission professional—you can have strong cash flow and excellent credit and still feel boxed out by traditional mortgage rules. That’s where California bank statement loans come in.

A bank statement mortgage is built for borrowers whose real income is easier to show through deposits and cash flow than through W2s or “perfect” tax returns. Instead of relying only on traditional documentation, these programs may allow you to qualify using 12–24 months of bank statements (guidelines vary by lender).

Bank Statement Loan Rates in California: what matters most

For many California buyers and homeowners, loan sizes trend jumbo or highbalance, which means rate + loan costs + payment structure matter more than ever. Bank statement loan rates are scenariopriced (not one universal number), and the best outcome comes from comparing the right options sidebyside.

Key factors that influence your rate and total loan cost can include:

  • Credit profile and overall file strength
  • Down payment / equity (LTV) and reserves
  • Loan amount (highbalance / jumbo sizing)
  • Property type and occupancy
  • Personal vs. business bank statements and income calculation method
  • Choosing lower rate vs. lower cashtoclose (lender credit options may be available)

Common goals we help California borrowers with

 

Asset 3

Buy a Home

using self employed income (bank statements)
Asset 5

Rate and term refinance

(improve payment structure or stability when available)
Asset 2-1

Cash out refinance

(access equity for remodels, reserves, or consolidation—when appropriate)
Asset 4

Lower out of pocket strategies

compare options that prioritize monthly payment vs. cashtoclose (program dependent)

A Menu of Payment Structures

Depending on your profile and program, options may include 30year fixed, 40year terms, ARMs, or interestonly periods. The best choice is the one that fits your income pattern, timeline, and comfort zone.

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Increase your chances of approval with our free guide

Download our free eBook below to learn the ins and outs of bank statement loans and everything you need to know to apply and qualify for your loan in Florida.

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