Loan program
Bank statement loans in Beverly Hills
For self-employed borrowers. Lenders look at your bank deposits instead of your tax returns to figure out income.
No credit check to see your options
Is it right for you?
Bank statement could be a fit if…
- You're self-employed or a freelancer
- Your tax returns show less income than you really earn
- You own a business
- You have steady deposits in your accounts
The honest view
Pros and cons
What's good
- Qualify on real cash flow, not write-offs
- No tax returns needed with many lenders
- Works for many kinds of self-employed people
What to watch
- Usually costs more than a conventional loan
- Often needs a larger down payment
- Rules differ a lot by lender
Compare
How Bank statement compares
I compare these side by side with real lender pricing before you choose.
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| Feature | Bank statement | Conventional | Jumbo |
|---|---|---|---|
| Best for | Self-employed people and business owners | Solid credit and a steady paycheck | Higher-priced homes above standard loan limits |
| Backed by | Not government-backed (non-QM) | Not government-backed (Fannie Mae / Freddie Mac rules) | Not government-backed (each lender's own rules) |
| Credit | Varies by lender | Usually higher than FHA | Strong credit expected |
| Mortgage insurance | Usually none | Needed below 20% equity; removable later | Usually none |
| Property | Main home, second home or rental | Main home, second home or rental | Main home, second home, sometimes rentals |
| Loan limit | Set by each lender | Conforming limit set by county | Above the conforming limit ($1,249,125 in LA County for 2026) |
How many statements do I need?
Usually 12 or 24 months of personal or business bank statements.
Do I need a CPA letter?
Some lenders ask for one to confirm your business. I'll pick lenders that fit what you already have.
Can I refinance into a conventional loan later?
Yes, many people do once their tax returns show enough income.
Is this the same as a 'no-doc' loan?
Not quite. You still document income — just with bank statements instead of tax returns.
Reviews
Read all on GoogleDon't take my word for it
“Sample review — replace with a real one. As a business owner I expected a nightmare. Daniel closed in 24 days.”
“Sample review — replace with a real one. Daniel structured our jumbo loan around my RSU income when two banks could not.”
“Sample review — replace with a real one. She answered texts at night and closed a week early.”
Let's see if Bank statement is your best option.
Two minutes, no credit check. I'll compare it against every other loan you qualify for.
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