Bank statement loans qualify self-employed borrowers on 12-24 months of business or personal bank deposits. Ideal when your tax returns understate your true cash flow. Here is how the program works specifically for buyers, owners, and investors in Sonoma County and the rest of Sonoma County.
$806,500 (2026 conforming)
≈ $780K
12 or 24 months of statements
10-20%
Sonoma County is our home market. Fire-zone insurance, well and septic property callouts, and wine-country appraisal knowledge separate lenders that price competitively here from those that don't.
A general contractor whose tax returns showed $71,000 of net income while the business banked far more.
Qualifying income was roughly five times what the tax returns supported, which turned a conventional decline into an approval.
A solo consultant paid into a personal account, with no business entity and clean deposit history.
Personal-account programs count deposits at full value, so the qualifying income was materially higher than a business-account structure would have produced.
Examples are illustrative composites of typical files, not offers of credit or guarantees of terms.
Santa Rosa, Petaluma, Sebastopol, Healdsburg, Windsor, Rohnert Park, Sonoma
Full Sonoma County market pageYes. Bank Statement Loans are available throughout Sonoma County. Self-employed loans qualified on deposits, not tax returns. Mark compares pricing across 80+ wholesale lenders and picks the one whose guidelines fit Sonoma County property types and your file.
$806,500 (2026 conforming). Above that amount the file is priced as a jumbo or portfolio loan, which changes reserve and documentation requirements.
Most purchases close in 21 to 30 days, and rush files have closed faster when the appraisal and insurance are ordered on day one. Local considerations here: Wildfire insurance availability (Zone 2/3), Well and septic property inspections, USDA-eligible outlying areas.
For business accounts, we add total qualifying deposits and multiply by an expense factor (usually 50%, sometimes 25-75% based on CPA letter). Divide by 12 or 24 for monthly qualifying income.
No. Underwriters strip internal transfers, loan proceeds, and other non-business deposits before calculating income.
Mark Dankman, NMLS #251068, 925.934.6600, mail@resourcehomeloan.com