Bank Statement Loans in Los Angeles
A bank statement loan lets you qualify with the money that goes into your bank account, instead of your tax returns.
What Are Bank Statement Loans?
If you run your own business, your tax returns may show less income than you really make. That is because of write-offs. A bank statement loan looks at your deposits instead.
Many lenders ask for 12 to 24 months of bank statements. They add up the deposits to estimate your monthly income.
We are a broker. We match your numbers to lenders who offer this kind of loan.
Who This Is For
- Self-employed borrowers and business owners
- Investors who write off a lot on their taxes
- Gig workers and freelancers with steady deposits
- Borrowers who were told no because of tax returns
What You May Need
Every lender asks for something different. Here is a common list:
- A signed loan application
- Recent personal or business bank statements
- Photo ID
- Proof of your business, like a license or business entity papers
- Information about the property
Serving Los Angeles and Nearby Cities
We help investors in Los Angeles, Inglewood, Culver City, Beverly Hills, West Hollywood, Santa Monica, Glendale, Burbank, Pasadena, East Los Angeles, Hawthorne, Compton, and Alhambra. See all our Los Angeles loans or see all areas we serve.
Questions We Hear a Lot
Is a bank statement loan the same as a no-doc loan?
No. You still show proof of income. You show it with bank statements, not tax returns.
How many months of statements will I need?
It depends on the lender. Many ask for 12 or 24 months. We will tell you before you apply.
Can I use this for an investment property?
Often yes. Ask us about your deal and we will tell you which lenders fit.
Ready to talk about your deal?
Tell us about your deal. We will help you find the right loan.