Bank Statement Loan

Home Loans using 3 Months Bank Statements

Investor, Foreign National and Self Employed Home Loans

Statement Only Home Loan


Statement Loan - Non-Qm Home Loan

Qualify with your most recent business or personal bank statements.

Statement Only Home Loan For Self Employed Borrowers

Statement Only Loans

Owner Occupied Home Loans For Self Employed Borrowers

Also called nonqm loans or statement loans are the best loan product for self employed borrowers.

3 Month Bank Statement Loan

Qualify with just 3 months of business or personal bank statements.  
 
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12 Month Bank Statement Loan

Qualify with just 12 months of business or personal bank statements.  
 
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Jumbo Prime Home Loan

The most competitive Jumbo Prime Home Loan in the market today  
 

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Foreign National Home Loan

Letter of good standing from your current financial institution or international credit report. Learn More

Asset Only Home Loan

Qualify with the most recent financial statement  

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Investor Cash Flow Home Loan

Non Owner Occupied. Purchase or Refinance.
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Interest Only

Interest Only Home Loans  
 

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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.

Bank statement loans can offer benefits to certain borrowers who may not qualify for traditional mortgages based on their tax returns or W-2 forms. Here are some potential benefits:

Self-Employed Borrowers: Bank statement loans are particularly beneficial for self-employed individuals who may have fluctuating income or write-offs that reduce their taxable income. Instead of relying on tax returns, these loans allow borrowers to qualify based on their bank statements, which show their actual income deposits.

Non-Traditional Income: For borrowers with income from sources other than traditional employment, such as freelancers, consultants, or gig workers, bank statement loans provide an alternative way to demonstrate their ability to repay the loan.

BANK STATEMENT LOAN

Faster Approval Process: Because bank statement loans rely primarily on bank statements rather than extensive documentation like tax returns, the approval process can be quicker. This can be advantageous for borrowers who need financing promptly, such as those purchasing investment properties or seizing time-sensitive opportunities.

Flexibility: Bank statement loans may offer greater flexibility in terms of income documentation requirements compared to traditional mortgages. Borrowers with unconventional income sources or irregular income patterns may find it easier to qualify for these loans.

Higher Loan Amounts: Some bank statement loan programs may allow borrowers to qualify for higher loan amounts compared to traditional mortgages. This can be beneficial for individuals with significant assets or business revenue.

Minimal Paperwork: Compared to traditional mortgage applications that require extensive documentation, bank statement loans typically involve less paperwork, making the application process simpler and more streamlined for a limited doc bank statement loan.

OTHER LOAN TYPES

$100,000 – $50M


12 to 24 month terms


No call protection /
lockout


Up to 100% LTV


Interest only amortization


No initial DSCR
requirement


Recource/Non-recourse


Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case

Construction

$100,000 – $25M


12 to 24 month terms


No call protection /
lockout


Up to 80% of cost


Interest only amortization


No initial DSCR
requirement


Non-recourse


Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case

Permanent

$100,000 – $100M


5 or 10 year terms


Call protection / lockout depends on loan term


Up to 75% of value


IO and amortization options


1.20x DSCR requirement on 30-year amortization


Non-recourse


Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case

Fix To Flip and Fix To Rent Investor Loans

Up to 90% of the Purchase 100% of Rehab + Refi to Rent

Fix & Flip - Fix To Rent Investment Loan

Investment loans for 1-4 family purchase, rehab and refinance
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Multi Family Loans

Up to 90% of the Purchase 100% of Rehab + Refi to Rent

Fix & Flip - Fix To Rent Investment Loan

Investment loans for 1-4 family purchase, rehab and refinance
Click Here

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.

MultiFamily Loan Lender

Commercial Real Estate Loans

For Fix and Flip & Fix To Rent Investment Loans & Bridge Loans

MultiFamily Commercial Real Estate Loans

Nationwide experience and a local presence. 

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.

PERMANENT FINANCING
CONSTRUCTION LOANS
BRIDGE LOAN
AGENCIES
MEZZANINE FINANCING
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

FINANCING FOR:

AGRICULTURAL & FARM
CHURCH & MINISTRY
OWNER OCCUPIED
HOSPITALITY
INDUSTRIAL
INTERNATIONAL REAL ESTATE
LAND
MULTIFAMILY
OFFICE RETAIL
SBA 7(A) & 504
SENIOR HOUSING
SPECIAL PURPOSE PROPERTIES
USDA B&I LOANS.

BRIDGE LOANS

  • Quick closing
  • Complicated story
  • Renovation
  • Lease-up
  • Temporary liquidity
  • Recent bankruptcy

Expert Residential, Commercial and Investment Real Estate Blog

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IF ITS RELATED TO REAL ESTATE WE LEND ON IT!

View and learn more about our investment and commercial financing at CambridgeCapital.org