If you are an investor, business owner, or have other nontraditional sources of income, then you may benefit from using a nonstandard investment mortgage. Investment Property Loans are ideal for people who make their wealth holding and upgrading properties for sale. Many lenders have other types of financing for people without regular tax statements and W2s.  Commercial Mortgage Depot (CMD) provides great investment property loans in New York, New Jersey, Connecticut and Pennsylvania. Today we share more about various types of investment mortgages. We also welcome you to speak to our Clifton, NJ team about investment mortgage packages today!

Commercial Mortgage Depot’s Blanket Loans

CMD’s blanket loans are great for investment properties. Whether you have 5 to 50 properties to finance, we have got you covered and will make everything simple. Loans can be to purchase or refinance and have highly flexible and competitive rates. Furthermore, we have five to ten-year terms, which are much less complicated for a busy investor to keep track of.

CMD Stated Mortgages

With a “stated income” mortgage, the underwriters will have to prove that you have other financial assets to pay a loan and calculate how much you can afford. Therefore, your documentation must be able to show that cash flow and funds from assets or interest will generate enough funds. Often, they will determine how much you can afford to pay on a mortgage from dividends, profit and loss statements, etc. Alternatively, you may have a hefty sum of cash to put a down payment, and so less financing is needed. There are many commercial programs for multi-unit properties that use Investment Property Loans.

Bank Statement Loans

To understand the details behind our stated mortgages, look at bank statement loans for an example. A great way to obtain approval for an investment property loan is through a bank statement loan, these programs will include:

  • Capacity to secure a loan for a high-value home, with high limits;
  • Capacity to secure a loan without providing W2s or tax returns;
  • Capacity to show a debt-to-income ratio that can sometimes reach up to 50%;
  • Capacity to secure decent rates, with some investors securing loans in the 5% range;
  • Capacity to use equity-based financing;
  • Capacity to get rental, vacation, or owner-occupied homes;
  • Capacity to use personal or business bank statements; and
  • Capacity to secure flexible financing terms (fixed or adjustable rate).

As you can see, we have a lot to offer in the way of investment property loans. We offer flexible review of loans and competitive rates. Commercial Mortgage Depot (CMD) is a direct lender for investment property loans in New York, New Jersey, Connecticut and Pennsylvania. Contact us today for fast pre-qualification and review.

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