What is a bank statement loan?

A type of Non-QM loan where you qualify using 12-24 months of personal or business bank statements instead of tax returns or W-2s. Popular with self-employed borrowers whose tax returns don't reflect their actual income.

Are Non-QM loans safe?

Yes. Non-QM doesn't mean subprime. These are legitimate mortgage products with responsible underwriting — they just use different documentation methods than conventional loans. They became more regulated after the 2008 crisis.

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Non-QM Loans in San Jose, CA

Find lenders offering non-qm loans in the San Jose, including Sunnyvale, Santa Clara, Milpitas, and surrounding areas. Compare rates, terms, and programs from 33 lenders.

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Lenders

Typical Rate

6.5% - 10%

Down Payment

10-25%

Term

15-30 years

Closing Time

2-4 weeks

Non-QM Lenders Serving San Jose

33 lenders offering non-qm loans in the San Jose, CA area.

Athas Capital Group

Local

Wholesale non-QM lender offering bank statement, DSCR, asset qualifier, and foreign national programs.

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Carrington Mortgage Services

Local

Anaheim, CA

Non-QM specialist accepting credit scores as low as 500-550. Programs for borrowers with recent bankruptcy, foreclosure, or non-traditional income. Government and conventional loans too.

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Griffin Funding

Local

Nationwide DSCR lender. No income verification, DSCR as low as 0.75. Up to $5M loan amounts. Also offers VA, conventional, and non-QM loans.

$100K – $5M

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JMAC Lending

Local

DSCR loans available in select states. Min DSCR 0.75, max LTV 75%, min FICO 660-700.

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New American Funding

Local

Tustin, CA

Large national lender offering non-QM programs including bank statement loans, asset-based loans, and jumbo non-QM. Max loan $2.5M. Also offers conventional and government loans.

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Truss Financial Group

Local

Tailored DSCR and non-QM mortgage solutions. 30-year fixed DSCR loans from $100K to $3M. Also offers 'no ratio' loans.

$100K – $3M

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Acra Lending

Local

Wholesale non-QM lender with a dedicated DSCR program for investment properties. Offers bank statement, asset qualifier, and foreign national programs alongside DSCR.

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Newfi Wholesale

Local

Emeryville, CA

Wholesale lender offering DSCR investor loans alongside bank statement, asset qualifier, and jumbo non-QM products. Known for flexible underwriting guidelines.

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HomeXpress Mortgage

Local

Wholesale non-QM lender offering DSCR loans for 1-4 unit investment properties. Fast turn times with competitive investor pricing and no income verification required.

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Oaktree Funding

Local

Wholesale non-QM lender providing DSCR loans for real estate investors. Specializes in bank statement, asset depletion, and investor cash flow programs.

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Kind Lending

Local

Santa Ana, CA

Wholesale lender founded by industry veterans offering DSCR loans for rental investors. Competitive non-QM products with fast underwriting and broker-friendly service.

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Change Lending

Local

Wholesale lender with a dedicated DSCR program for real estate investors. Offers competitive non-QM products including bank statement and asset qualifier loans.

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A&D Mortgage

Fort Lauderdale, FL

Wholesale non-QM lender. DSCR loans with 0 minimum DSCR, 80% max LTV, min FICO 620.

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Angel Oak Mortgage Solutions

Atlanta, GA

Major non-QM and DSCR lender. Investor cash flow loans up to $1.5M. 40-year terms with interest-only options. No limit on properties.

$100K – $2M

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CrossCountry Mortgage

Cleveland, OH

Large national lender offering DSCR, bank statement, and non-QM mortgage products alongside conventional and government loans.

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San Jose Commercial Real Estate Market

San Jose sits at the heart of Silicon Valley and anchors one of the world's most valuable CRE markets, with office and R&D rents among the highest in the nation. The North San Jose submarket along Highway 237 has evolved from industrial to a major tech campus zone, while downtown San Jose is undergoing transformation led by Google's planned Downtown West mixed-use mega-project near Diridon Station. The Santa Clara submarket houses major campuses for Intel, Nvidia, and Applied Materials, and the Milpitas and Fremont areas have become hotbeds for advanced manufacturing and clean energy firms. Despite cyclical tech layoffs, the market's deep pool of engineering talent and proximity to venture capital sustain long-term demand.

Key Economic Drivers

●Google's Downtown West mixed-use development near Diridon Station
●Apple Park in Cupertino and its massive employee base and supplier network
●Nvidia, Adobe, and Cisco Systems headquarters campuses
●Mineta San Jose International Airport expansion and BART Silicon Valley extension

Market Insight

Google's planned Downtown West project near San Jose's Diridon Station is approved for up to 7.3 million square feet of office space alongside housing and retail, positioning the surrounding area for significant CRE value appreciation as the transit-oriented development takes shape.