Santa Barbara's coastal luxury market ($1.5M–$20M+) requires flexible financing solutions. Pacific Rate specializes in Non-QM Bank Statement and Asset Depletion loans when DSCR doesn't work. Why DSCR Limitations Occur Coastal premium pricing High property taxes and insurance Seasonal rental market dynamics Diverse buyer profiles and income structures Non-QM Solutions Bank Statement Non-QM: Business or personal deposits over 12-24 months. No tax returns required. Ideal for business owners, entrepreneurs, and self-employed professionals. Asset Depletion: Liquid assets = qualifying income. Brokerage accounts, savings, retirement funds, trust assets. Perfect for retirees and high-net-worth buyers. Target Buyers Business owners and professionals Retired executives Second home buyers Real estate investors Property Categories Coastal luxury homes Riviera properties Montecito adjacent estates Second homes and investments Pacific Rate Advantage Santa Barbara market knowledge Rapid Non-QM structuring Multiple lender relationships Seamless transaction management When DSCR creates obstacles, Pacific Rate creates coastal financing solutions. Ready to Secure Your Financing? Contact Pacific Rate Today: ?? For Immediate Response: (818) 880-1466 ?? 24/7 Support: (630) 884-1362 ?? Email: support@pacificrate.com Pacific Rate - NMLS #329956 Serving California's Luxury Real Estate Markets