Home Loans using 3 Months Bank Statements
Investor, Foreign National and Self Employed Home Loans
Statement Only Home Loan
Statement Only Home Loan - Non-Qm Loan
Qualify with your most recent business or personal bank statements.
Statement Only Home Loan For Self Employed Borrowers
Owner Occupied Home Loans For Self Employed Borrowers
Also called nonqm loans or statement loans are the best loan product for self employed borrowers.
NON QM HOME LOANS
SELF-EMPLOYED BORROWERS STATEMENT ONLY HOME LOAN
While conventional and FHA loan programs require tax documents to prove your income, non qualifying mortgages offer bank statement mortgages that have no need for filed tax paperwork or returns. Our underwriters will evaluate your business or personal deposits based on your bank statements. We can use from 3 to 24 months to qualify. Fill out an application here and send us 3, 6 12 or 24 months of personal or business bank statements to qualify. The more statements you send (up to 24 months) the better the rates.
HIGH NET WORTH BORROWERS – ASSET DEPLETION LOANS
An asset depletion loan divides the total cash balance in an account over a determined time period to come up with your qualifying income. This is known as an asset depletion loan. As an example, a $200,000 account balance may result in $833.33 of additional monthly qualifying income.
BORROWERS INVESTING IN MULTIPLE RENTAL UNITS
Non-QM loans may be a good choice for investors who own more than have 10 or more financed properties. FHA government and conventional loans allow for up to 10 mortgage loans . For these borrowers we can offer debt-service coverage ratio loans for real estate investors. If the rent on a new home covers the monthly payment, you don’t need other income to qualify. This product works well for fix and flip investors or vacation home rental investors. To qualify for a flip loan go to FLIP LOAN
BORROWERS WITH RECENT BAD CREDIT
You may be eligible for a non-QM loan one day after completing a foreclosure or bankruptcy. You typically need to wait two to three years after a bk event. Call our customer service department to see if you currently qualify. 800-826-5077.
FOREIGN NATIONALS HOME LOANS
A Foreign National is a citizen of another country who travels to or lives in the U.S. for brief periods of time for work or vacation. Non-QM loans for foreign nationals in many cases may not require a Social Security number, proof of U.S. income or credit.
INTEREST-ONLY PAYMENT FOR BORROWERS
self employed or commissioned income-earners that do not receive regular payments may benefit from an interest-only loan that allows for a lower payment option. Understand what your term is and when your loan converts to principal and interest so you are not surprised when your interest only term expires.
We are experts in real estate loans. In addition to statement only home loans we also provide loans for first time home buyers, FHA loans, VA loans and many different loans for commercial and investment properties. Contact us with your loan scenario today.
OTHER LOAN TYPES
$100,000 – $50M
12 to 24 month terms
No call protection /
Up to 100% LTV
Interest only amortization
No initial DSCR
Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case
As the leading private lender for multifamily and residential real estate investment property, CambridgeHomeLoan.com offers extensive debt solutions through a vertically-integrated, national lending platform. We offer borrowers fast, certain and efficient execution. With a proven track record of financing and over 25 years in business CambridgeHomeLoan.com understands the needs of investors throughout the investment lifecycle, from acquisition to renovation to stabilization.
Commercial Real Estate Loans
For Fix and Flip & Fix To Rent Investment Loans & Bridge Loans
MultiFamily Commercial Real Estate Loans
REFINANCE OR ACQUISITION FINANCING
- Investment Properties or owner-occupied commercial real estate
- Conventional Loans or transitional loans
- Storied loans
- Loans requiring unique financing structures
Satisfying More Clients. One Loan at a Time.
SBA 504 & 7A USDA B&I CREDIT LEASE FINANCING
At CambridgeHomeLoan.com, our commercial lending professionals understand the great opportunities and the myriad challenges facing small, middle, & large market business owners and executives. We excel at provide financing solutions tailored to your needs. Our understanding of the many unique aspects and challenges of your business allows us to work towards accommodating your financing requirements. We employ our creativity, experience and expertise to build the right solution for you.
- Quick Response
- Multiple Options
- Lower Rates
- Fast Closings
AGRICULTURAL & FARM
CHURCH & MINISTRY
INTERNATIONAL REAL ESTATE
SBA 7(A) & 504
SPECIAL PURPOSE PROPERTIES
USDA B&I LOANS.
- Quick closing
- Complicated story
- Temporary liquidity
- Recent bankruptcy
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