Self-Employed Financing in California

California has the sixth largest economy in the world and five of its cities rank as top cities for entrepreneurs and startups according to These cities include San Jose, San Diego, Los Angeles, Sacramento, and Riverside.

As the self-employed and small-business economy grows, more and more business owners are in need of self-employed financing but are often turned away because they don’t perfectly fit the desired description of the limited lender. For many banks, a client must perfectly check specific boxes in order to qualify for one of the few loan programs they offer. Today, this way of qualifying someone for a loan is outdated and doesn’t really make sense in this economy.

Getting a Bank Statement Loan: San Diego, California

For example, in San Diego, California, Greg has owned a gas station for more than 10 years. He and his family had outgrown their home and had been trying to purchase a new house for many years. Because running a gas station has a high operating cost, Greg has a lot of write-offs come tax time and was unable to qualify for the typical home loan based on tax returns or financial statements.

Greg then came to Griffin Funding and we helped him get a loan based on his bank statements. Greg had a unique situation, but we helped him get the loan that fit his needs. We were able to get him a 30 year fixed bank statement loan that was at a great rate and Greg bought his family their dream home.

Bank Statement Financing with Griffin Funding

Griffin Funding is a direct lender as well as a broker. Unlike most banks that only offer a few products, we partner with over 40 different banks, lenders, private equity funds, and investors nationwide and offer a large range of products. We have the ability, flexibility, and relationships with different money sources, that enable us to find the unique loan that fits your unique situation.

We operate in:

We currently offer three loan options for self-employed borrowers.

  • Personal Bank Statements: qualify on 12 or 24 months bank statements. We count 100 percent of deposits as income.
  • Business Bank Statements: qualify on 12 or 24 months bank statements. We count 50 percent of the deposits as income.
  • One Month Bank Statement: qualify based on one month most recent bank statement. Account must show a positive balance and you must attest and declare to your qualifying income. (US residents and primary residence only).

Learn more about bank statement loan requirements here. Or Apply Online today.