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Loc: Which lender will approve without giving bank statements?

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Have you tried Capital One. I believe they are no-doc under $50k only ask for tax returns for latest year no bank statements.

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showing last year tax returns is NOT no-doc



I believe they need 1 yr tax return because the LOC is based on a % of revenue.

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Is it % of "Gross" Income ? and does anyone know the % amount ?


I believe the % varies on the gross income for the business. Somewhere between 15-20%.

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