You can get a no-tax-return mortgage in California using an alternative-documentation program: a bank-statement loan (deposits), a P&L loan (CPA statement), a 1099 loan, an asset-based loan (your assets), or, for rentals, a DSCR loan (the property's rent). These replace returns with other proof of ability to repay.
Why tax returns aren't always required
Federal ability-to-repay rules require lenders to verify income — but not necessarily via tax returns. Alternative-documentation programs verify it through deposits, a CPA P&L, 1099s, assets, or rental income instead.
Your no-tax-return options
- Bank statement — 12–24 months of deposits.
- P&L only — a CPA-prepared profit-and-loss statement.
- 1099 — qualify off 1099 income.
- Asset depletion — qualify on liquid assets.
- DSCR — for investment property, qualify on rent, not personal income.
What to expect
Roughly 10–20% down, a mid-600s+ score, and some reserves. Rates run modestly above conventional. We match you to the program that documents the most income at the best price.
Frequently asked questions
Can I get a mortgage with no tax returns in California?
Yes — bank-statement, P&L, 1099, asset-based, and DSCR programs qualify you without tax returns.
Are no-tax-return loans the same as the old 'no-doc' loans?
No. These still verify your ability to repay — just through deposits, a P&L, 1099s, assets, or rent instead of returns. True no-documentation owner-occupied loans no longer exist.
What down payment do no-tax-return mortgages need?
Typically 10–20%, depending on the program, credit, and property.
Which no-tax-return program is best for me?
It depends on how you earn — deposits, contracts, assets, or rental income. We'll match you to the one that qualifies the most income.