Loan Programs

Every Loan. Every Borrower.
Every Situation.

Ben offers 7 specialized programs to match your unique financial profile — whether you're a first-time buyer, self-employed, an investor, or need down payment help.

FHA Conventional Bank Statement P&L Statement DSCR 1% Down CalHFA
First-Time Buyers · Low Down Payment

FHA Loan

The FHA loan is backed by the Federal Housing Administration and designed to make homeownership accessible for buyers who may not qualify for conventional financing. It's one of the most popular programs for first-time buyers in California.

With a minimum credit score of 580, down payments as low as 3.5%, and the ability to use gift funds, FHA loans open doors that other programs often close.

3.5%
Minimum DownWith 580+ credit score
580
Min Credit ScoreLower scores possible with 10% down
Program Highlights
  • Down payment as low as 3.5%
  • Credit scores starting at 580
  • Gift funds accepted for down payment
  • Higher debt-to-income ratios allowed
  • Can refinance later into conventional
  • Available statewide across all of California
  • Both purchase and refinance eligible
Best For
  • First-time homebuyers
  • Buyers rebuilding or establishing credit
  • Borrowers with limited savings for down payment
  • Those with higher debt-to-income ratios
Most Popular · Flexible Terms

Conventional Loan

Conventional loans are the benchmark of the mortgage industry — not government-backed, but widely available and flexible. They offer competitive rates, lower costs at higher down payments, and work for a wide range of property types.

With a 20% down payment, you eliminate private mortgage insurance entirely — meaning lower monthly payments and more equity from day one.

3%
Minimum DownNo PMI at 20% down
620
Min Credit ScoreBetter rates at 740+
Program Highlights
  • Down payment from 3% (first-time buyers)
  • No PMI with 20%+ down payment
  • Conforming loan limit up to $766,550 in CA
  • 15, 20, and 30-year fixed terms available
  • Adjustable rate options available
  • Primary, secondary, and investment properties
  • Competitive rates for strong credit profiles
Best For
  • Buyers with 620+ credit score
  • Those with stable W-2 employment income
  • Buyers putting 20%+ down
  • Move-up buyers and repeat homeowners
Self-Employed · No Tax Returns

Bank Statement Loan

Self-employed borrowers often write off significant expenses — which lowers taxable income and can make qualifying with traditional loans difficult. The Bank Statement loan solves this by using your actual cash flow, not your tax returns.

Ben uses 12 to 24 months of bank statements (personal or business) to calculate your qualifying income — no tax returns required.

12–24
Months of StatementsPersonal or business
10%
Down PaymentFrom as low as 10%
Program Highlights
  • No tax returns or W-2s required
  • 12 or 24 months personal or business bank statements
  • Self-employed, 1099, and business owners eligible
  • Primary, second homes, and investment properties
  • Loan amounts up to $3M+
Best For
  • Business owners with significant write-offs
  • 1099 contractors and freelancers
  • High-income self-employed borrowers
Self-Employed · CPA Letter

P&L Statement Loan

The Profit & Loss Statement loan allows self-employed borrowers to qualify using their business income — documented through a CPA-prepared or CPA-signed Profit & Loss statement instead of tax returns.

Based on your most recent Profit & Loss statement prepared or signed by a CPA. No tax returns required.

P&L
Income DocumentationCPA prepared or signed
No
Tax Returns NeededSimplified qualification
Program Highlights
  • Qualify using most recent P&L prepared or signed by a CPA
  • No tax returns or W-2s required
  • Business income used directly for qualification
  • Primary, second homes, and investment properties
  • Ideal for borrowers with complex tax situations
Best For
  • Self-employed borrowers with a CPA
  • Business owners with strong P&L but heavy deductions
  • Borrowers whose tax returns understate true income
Real Estate Investors · No Income Docs

DSCR Investment Loan

The DSCR (Debt Service Coverage Ratio) loan qualifies based on the rental income of the property — not your personal income. Your personal tax returns and pay stubs stay out of it.

If the property generates enough cash flow to cover the mortgage, you can qualify. Ideal for investors building or scaling a rental portfolio across California.

1.0x
Min DSCR RatioRent ÷ Monthly Debt Payment
0
Personal Income DocsProperty income qualifies
Program Highlights
  • No personal income documentation required
  • Qualification based on property rental income
  • Short-term rentals (Airbnb/VRBO) eligible
  • Single-family, multi-family, and condos
  • Loan amounts up to $3M+
  • LLC vesting available
  • California statewide — great for high-rent markets
Best For
  • Real estate investors scaling a rental portfolio
  • Self-employed borrowers buying investment property
  • Airbnb and short-term rental operators
  • Investors who want to keep personal finances separate
Low Down Payment · First-Time Buyers

1% Down Payment Program

The 1% Down Payment Program makes homeownership a reality with the lowest entry point possible. You bring just 1% — and the lender contributes an additional 2% grant at closing, putting you at 3% equity in your home from day one with no repayment required.

This is one of the most powerful programs available for income-qualified buyers in California who are ready to own but need a hand with the down payment.

1%
Your Down PaymentLender contributes 2% grant
3%
Total Equity at CloseNo repayment on lender grant
Program Highlights
  • You provide just 1% down payment
  • Lender contributes 2% — no repayment required
  • Start with 3% equity at closing
  • Income limits apply (program designed for mid-income buyers)
  • Primary residence only
  • Single-family homes, condos eligible
  • Available to eligible California buyers
Best For
  • First-time buyers with strong income but limited savings
  • Buyers who qualify on income but struggle with down payment
  • Those who want to preserve cash after closing
California Exclusive · Down Payment Help

CalHFA Down Payment Assistance

The California Housing Finance Agency (CalHFA) offers state-funded down payment and closing cost assistance to eligible first-time homebuyers in California. As a CalHFA-knowledgeable loan officer, Ben guides you through every step of this program.

CalHFA assistance comes in the form of deferred-payment junior loans — you don't make payments until you sell, refinance, or pay off the first mortgage. For many California buyers, this is the program that finally makes ownership possible.

CA
State ProgramCalifornia residents only
0%
Monthly PaymentsDeferred until sale/refi
Program Highlights
  • State-backed down payment assistance
  • Deferred-payment junior loan — no monthly payments
  • Can be combined with FHA or Conventional first loan
  • Covers down payment and/or closing costs
  • First-time homebuyer requirement (3-year rule)
  • Income and purchase price limits apply by county
  • Homebuyer education course required
Best For
  • California first-time homebuyers
  • Buyers who haven't owned a home in 3+ years
  • Moderate-income households needing down payment help
  • Buyers combining with FHA for maximum assistance
Not Sure Which Fits?

Let Ben Find the Right Program for You

Every borrower is different. Ben will review your full financial picture and recommend the exact program — or combination — that maximizes your buying power.

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