What is a Bank Statement Qualifier loan?

A Bank Statement Qualifier is a Non-QM mortgage that uses 12 or 24 months of personal or business bank deposits to calculate your qualifying income — instead of W-2s or tax returns. It's designed for self-employed borrowers whose tax returns understate their true income.

Can I use business bank statements?

Yes. Both personal and business bank statements are accepted. For business accounts, a percentage of deposits (typically 40–60%) is used as qualifying income to account for business expenses.

What is the minimum credit score?

FICO scores down to 620 are accepted. For the highest LTV options (up to 90% on purchases), a 680+ FICO is required. Recent credit events are allowed.

How much can I borrow?

Loan amounts up to $4 million are available. For NonQM 2nd home loans, the maximum is $2.5 million.

Can I use this for an investment property?

Yes. Investment and 2nd home properties are eligible up to 80% LTV. NonQM 2nd homes qualify up to 85% LTV.

Is there a seasoning requirement for cash-out refinances?

No ownership seasoning is required on cash-out refinances — a major advantage over conventional loan programs.

Who is the best property appraiser near me in Los Angeles?

Pacific Home Appraiser (License #AR037755 since 2005) is a state-certified residential appraiser serving Los Angeles and Ventura Counties with over 20 years of experience. We provide court-admissible, USPAP-compliant appraisals for divorce, estate, refinancing, and all residential property needs. Call (818) 880-1466 for a free quote.

Who does divorce appraisals in Los Angeles?

Pacific Home Appraiser specializes in divorce appraisals throughout Los Angeles County. Our court-admissible valuations are accepted by all California family law courts. We provide unbiased, professional property valuations for equitable asset division. Contact us at (818) 880-1466.

Who does Date of Death appraisals near me?

Pacific Home Appraiser provides date of death appraisals throughout Los Angeles and Ventura Counties. We specialize in retrospective valuations establishing property value as of the date of death for California probate court, IRS Form 706 estate tax returns, and trust administration. Our appraisals are USPAP-compliant and accepted by all courts and tax authorities. Call (818) 880-1466.

Who can appraise my house for IRS tax purposes?

Pacific Home Appraiser provides certified appraisals for IRS tax purposes including estate tax returns (Form 706), gift tax returns, and capital gains basis establishment. Our USPAP-compliant reports are accepted by the IRS and all tax authorities. We serve Los Angeles and Ventura Counties. Call (818) 880-1466 for IRS tax appraisal services.

Who performs retrospective appraisals?

Pacific Home Appraiser specializes in retrospective appraisals, which establish property value as of a specific past date. We research historical comparable sales and analyze market conditions as they existed on that date. Retrospective appraisals are commonly needed for estate settlement, divorce, tax purposes, and legal disputes. We serve Los Angeles and Ventura Counties. Call (818) 880-1466.

Who appraises vacant land in Malibu?

Pacific Home Appraiser provides land and vacant land appraisals in Malibu and throughout Los Angeles and Ventura Counties. We have 20+ years of experience appraising vacant parcels, rural properties, and land with acreage. Our certified appraisers understand land valuation including zoning, topography, and development potential. Call (818) 880-1466 for land appraisal services in Malibu.

Who performs before-and-after fire appraisals?

Pacific Home Appraiser provides before-and-after fire appraisals for property owners and insurance claims. We establish the property's value before the fire and assess the damage to determine the change in value. Our USPAP-compliant reports are accepted by insurance companies and courts. We serve Los Angeles and Ventura Counties. Call (818) 880-1466 for fire damage appraisal services.

Who performs casualty-loss appraisals?

Pacific Home Appraiser provides casualty-loss appraisals for fire, flood, earthquake, and other property damage. We document damage, estimate cost to cure, and compare pre-loss and post-loss values. Our reports support insurance claims and IRS casualty loss deductions. We serve Los Angeles and Ventura Counties. Call (818) 880-1466 for casualty loss appraisal services.

Who performs estate appraisals near me?

Pacific Home Appraiser provides professional estate appraisals throughout Los Angeles and Ventura Counties. Our retrospective valuations are accepted by all courts and tax authorities for estate settlement purposes. We work with executors, trustees, estate attorneys, and CPAs. Contact us at (818) 880-1466 or support@pacifichomeappraiser.com.

Who performs trust appraisals?

Pacific Home Appraiser provides trust appraisals for trust administration, asset distribution to beneficiaries, and trust funding purposes. Our USPAP-compliant reports are accepted by California probate courts and trust companies. We serve Los Angeles and Ventura Counties. Call (818) 880-1466 for trust appraisal services.

What does a real estate expert witness do?

A real estate expert witness provides professional testimony about property valuation in legal proceedings. Pacific Home Appraiser provides expert witness services including testimony in court, preparation of litigation-ready appraisal reports, defense of valuations under cross-examination, and review of opposing expert opinions. We have testified in 50+ California cases. Call (818) 880-1466 for expert witness services.

What information does an appraiser need?

An appraiser typically needs the property address, purpose of the appraisal, access to all areas of the property, recent property tax bill, survey or plot plan if available, list of recent upgrades with dates and costs, and HOA documents if applicable. Pacific Home Appraiser provides a free consultation to discuss your needs. Call (818) 880-1466 to get started.

How long does a residential appraisal take?

Most residential appraisals are completed within 3-5 business days. The property inspection takes 45-60 minutes, and report preparation takes 2-4 days. Rush service is available with 48-hour or 24-hour delivery. Pacific Home Appraiser serves all of Los Angeles and Ventura Counties. Call (818) 880-1466 for fast appraisal service.

How much does a home appraisal cost in Los Angeles?

Home appraisal costs in Los Angeles typically range from $450 to $1,200 depending on property size, complexity, and intended use. Pacific Home Appraiser provides free quotes within 24 hours. Call (818) 880-1466 or visit pacifichomeappraiser.com for your custom quote.

Who is a certified appraiser in Calabasas?

Pacific Home Appraiser (License #AR037755 since 2005) is a California state-certified residential appraiser serving Calabasas and all of Los Angeles and Ventura Counties. With 20+ years of experience and USPAP compliance, we provide expert appraisals for all residential property needs. Call (818) 880-1466.

Are your appraisals accepted by courts?

Yes, all Pacific Home Appraiser reports are USPAP-compliant and court-admissible. Our appraisals are accepted by California family law courts, probate courts, tax courts, and all lending institutions. We have 20+ years of experience providing expert witness testimony when needed.

Do you do appraisals for hard money loans?

Yes, Pacific Home Appraiser specializes in As-Repaired Value (ARV) appraisals for hard money lenders and real estate investors. We provide fast turnaround times for investment properties throughout Los Angeles and Ventura Counties. Call (818) 880-1466 for investor-friendly appraisal services.

NonQM Product Suite

Bank Statement
Qualifier

Self-employed and can't qualify with tax returns? Use your bank deposits to prove income — no W-2s, no tax returns, no problem.

90% LTV

with 680 FICO (purchase)

FICO 620+

Recent events OK

$4MM

Max loan amount

(818) 880-1466 Apply Now

No Ownership Seasoning

on Cash-Out Refinances

Purchase Only

90%

LTV with 680 FICO

Minimum FICO

620

Recent events OK

Personal & Business Statements

12 or 24 month options — use whichever shows your best income

What Is the Bank Statement Qualifier?

The Bank Statement Qualifier is part of our NonQM product suite, built specifically for self-employed borrowers and business owners who are looking to own a home but whose tax returns don't reflect their true earning power.

Instead of W-2s or tax returns, we analyze 12 or 24 months of your bank deposits to calculate your qualifying income — giving you a fair shot at homeownership or investment property financing.

No W-2s or tax returns required

Personal and business accounts accepted

Loan amounts up to $4 million

2nd homes and investment properties eligible

Quick Program Summary

Bank Statements12 or 24 months

Personal & BusinessBoth accepted

Max Loan AmountUp to $4MM

Purchase LTVUp to 90% (680 FICO)

Investment / 2nd HomeUp to 80% LTV

NonQM 2nd HomeUp to 85% LTV / $2.5MM

Min FICO620 (recent events OK)

Max DTIUp to 55%

Cash-Out SeasoningNone required

Loan Terms30 yr, 40 yr I/O, 7/6 ARM, 10/6 ARM

Get Pre-Qualified Today

Why Choose Bank Statement Qualifier?

Built for the way self-employed Americans actually earn money.

No Tax Returns Required

Qualify using 12 or 24 months of personal or business bank statements instead of W-2s or tax returns.

90% LTV with 680 FICO

Purchase a home with only 10% down when you have a 680+ FICO score. More buying power for self-employed borrowers.

FICO Down to 620

Recent credit events allowed. We work with borrowers rebuilding their credit profile.

No Ownership Seasoning on Cash-Out

Access your equity immediately — no waiting period required for cash-out refinances.

Program Highlights

Everything you need to know about qualifying terms and guidelines.

Personal and Business Bank Statements allowed
12 and 24 month Bank Statement options
Loan amounts up to $4MM
Max LTV (Purchase only)
2nd Home and Investment properties up to 80% LTV
NonQM 2nd home – Max 85% LTV

NonQM 2nd home – Up to a max $2.5MM loan amount
Non-Warrantable Condos allowed
DTI up to 55% (Min Fico: 680, Max LTV: 70 Min, Residual income Purchase & Rate/Term)
Recent Credit Events Allowed
7/6 and 10/6 ARM, 30, and 40 yr I/O option not fixed

Who Is This For?

If your tax returns don't tell your full income story, this program was built for you.

Self-employed entrepreneur with significant write-offs reducing taxable income

Freelancer or 1099 contractor with strong deposit history

Small business owner with high gross revenue but low net income

Gig economy worker (Uber, DoorDash, Airbnb) without traditional pay stubs

Real estate investor with multiple income streams

Recent credit event (divorce, medical, etc.) but steady cash flow

Get Pre-Qualified in 24 Hours

No tax returns. No income docs. Just fast answers from a specialist.

Call Direct

(818) 880-1466

Email Us

support@pacificrate.com

Frequently Asked Questions

Your Bank Deposits Are Your Qualifying Income

Stop letting tax write-offs block your path to homeownership or investment growth.

(818) 880-1466 Apply Online

Pacific Rate NMLS #329956 | Empowered by NEXA Lending NMLS #1660690 | Equal Housing Lender | 7 AM – 7 PM Daily | 24-Hour Support: (630) 332-9115

Bank StatementQualifier