Reliable Home Lending Services in Arvada, CO

At A Home's Best Mortgage Inc., we provide the best and most reliable home lending services in Arvada, CO, and all of Colorado. You can apply for the loan online and get a loan quote according to the program that best fits you. Our quotes and loan pre-qualifications are free of cost, while we offer Conventional, FHA, VDA, USDA, Reverse, and Jumbo residential loans.

Non-QM Mortgage Loans for Self-Employed Borrowers: Bank Statements & P&L Statements

For self-employed individuals, securing a traditional mortgage can be challenging due to fluctuating income and complex tax returns. Fortunately, Non-QM (Non-Qualified Mortgage) loans offer alternative options, allowing self-employed borrowers to qualify based on bank statements and profit & loss (P&L) statements rather than tax returns.

What Are Non-QM Loans?

Non-QM loans are designed for borrowers who do not meet the stringent requirements of conventional mortgages. These loans offer flexible qualification criteria, making homeownership possible for individuals with unique financial situations, including self-employed professionals.

How Bank Statement Loans Work

Bank statement loans allow self-employed borrowers to qualify using personal or business bank statements instead of tax returns. Lenders typically review 12 to 24 months of bank statements to assess income stability. They analyze deposits to determine an average monthly income, avoiding deductions that often reduce taxable income on tax returns.

Key Benefits of Bank Statement Loans:

• No tax returns required

• Use of 12 to 24 months of bank statements for income verification

• Higher loan amounts and competitive rates

• Ideal for business owners, freelancers, and independent contractors

Using P&L Statements for Mortgage Qualification

A Profit & Loss (P&L) statement is another option for self-employed borrowers. Some lenders accept a CPA-prepared or borrower-prepared P&L statement to verify income, often in combination with bank statements.

Key Benefits of P&L Statement Loans:

• Provides a comprehensive view of business revenue and expenses

• Allows flexibility for businesses with seasonal income

• May require fewer months of bank statements compared to standard bank statement loans

Choosing the Right Non-QM Loan

Each borrower’s financial situation is unique, so it’s essential to work with a lender who understands Non-QM products. Factors such as credit score, down payment, and business type will impact the available loan options.

If you’re a self-employed individual struggling to secure a mortgage through traditional means, a Non-QM loan using bank statements or P&L statements could be the perfect solution. Reach out to a knowledgeable mortgage professional to explore your options and get started on your path to homeownership today!

We Are Name Of Trust

At A Home's Best Mortgage Inc., we aim to help your home financing journey be as transparent and quick as possible. Our team of professionals  will help guide you through the home financing process and  add you to the thousands of happy homeowners. For over 18+ years, our company has been serving in Colorado and has become a name of the trust. Call us today us click on our "Apply Now' button on our homepage. 

Home Lending in Arvada, CO

For over 18 years, we at A Home's Best Mortgage Inc. have provided people with home lending services in Arvada. Lower rates and lower costs are our focus giving you more for your hard earned dollar. We assist our customers in Colorado, keeping them informed and satisfied throughout the entire process. Our professionalism is something you can blindly trust.

Money Lending Services

For over 30 years, we at A Home's Best Mortgage Inc. have provided people with money lending services in Arvada. Our company take care of your problems and lend you the money at low cost. We assist our customers in Colorado, keeping them informed and satisfied throughout the entire process.

Professional Money Lending Services Arvada, CO

A Home's Best Mortgage Inc. is an established company that furnishes money lending services Arvada, CO. For more than three decades, we have been providing mortgage and moneylending services to Colorado's people and helping them fulfill their needs. Contact us today and get your plan.

Money Lending Services in Arvada, CO

If you are looking for money lending services in Arvada, CO, then you are at the very right place. We provide our clients with money lending solutions according to the plans that suit their needs. At A Home's Best Mortgage Inc., we provide our customers with custom-fit services and are committed to helping you reach your financial goals. We must protect your privacy and won't let anyone reach your data. Our utmost desire is to make you reach your target with integrity and professionalism. So, call us and get our services.

Money Lending in Arvada, CO

Money lending in Arvada, CO, is not a big deal now as we help you reach your financial targets by lending money on easy terms. Get our assistance, and you will find us very cooperative and customer-friendly. We don't disappoint our clients and try to give them the best money lending program as per their needs.