Cannabis Business Income Loan
Clear guidelines for qualifying eligible borrowers.
A common-sense path to homeownership for licensed-cannabis and CBD professionals. We accept W-2 income from state-licensed dispensaries, plus bank-statement and full-doc options for owners.
Highlights
- Eligible cannabis income from licensed dispensaries and CBD-only businesses
- W-2 income accepted from state-licensed dispensaries
- Business owners eligible — full doc or bank statements
- CBD-only companies allowed
- Minimum FICO: 680
- Primary residence only — Single-Family Residence (SFR)
- 12 months reserves required
- Max LTV: 80% Purchase | 75% Refinance
What we do — and what we don't. Local Loan Store™ specializes in commercial, investor, and non-owner-occupied lending plus secured & unsecured business working capital. We do not originate personal loans or owner-occupied residential mortgages. If your scenario is personal or owner-occupied, we'll happily refer you to a trusted partner who is ready to help — just submit your inquiry and we'll route it to the right desk.
How funding works
- 1
Send last 12 months of W-2s or business bank statements
- 2
Confirm state-licensed cannabis or CBD employer/owner status
- 3
We verify reserves (12 months) and order appraisal
- 4
Close on your primary SFR — typically 25–30 days
Real borrower scenarios
Worked examples using the program's actual LTV and qualifying rules. Numbers are illustrative — your file determines your final terms.
Dispensary GM, W-2 income $115k
80% LTVFICO 705, 12 mo. reserves, first home
- Property value
- $525,000
- Loan amount
- $420,000
- Down payment
- $105,000
- Cash to close (est.)
- $123,000
80% LTV purchase — same approval path as a traditional W-2 buyer.
Multi-store CBD owner, bank-statement docs
75% LTVOwner-operator, 24 mo. business statements, FICO 690
- Property value
- $750,000
- Loan amount
- $562,500
- Down payment
- $187,500
- Cash to close (est.)
- $209,500
75% LTV refinance using deposit-based qualifying income.
Max LTV by program
% — purchase scenarios
Max loan amount
USD millions
Indicative rate ranges
Illustrative only — actual pricing depends on file, term, and market conditions
Get matched to Cannabis Business Income Loan
Submit your scenario — a loan officer will confirm program fit and indicative pricing within one business day.