In the traditional mortgage system, banks often rely on standard income documents like pay stubs and W-2 forms. However, with the rise of freelancers, entrepreneurs, and self-employed individuals, a common problem has emerged: traditional banks often fail to recognize their income. This is where a specialized self-employed loan becomes the key to homeownership.

Cheryl’s Team deeply understands the unique needs of this group and is proud to introduce the “Exclusive Loan Program for Self-Employed Individuals.” This plan ensures that you won’t be denied a loan simply because you lack “tax records” or have a “fluctuating income.”

Bank Statements Are All You Need

The key feature of this program is that it does not require personal or business tax returns. You can prove your income for loan approval by simply providing 12 months of bank statements, from either a business or a personal account. This bank statement loan is ideal for entrepreneurs or those with diverse and sometimes inconsistent income streams. Your bank deposits will speak for themselves!

Low Down Payment & High Loan Amounts

While traditional loans often demand a high down payment, this program requires a minimum down payment of just 10%, with loan amounts going up to $3 million. This significantly increases your flexibility to buy a home. An added benefit is that there is no MI (Mortgage Insurance), saving you money every month.

Accessible Credit Score Threshold

The minimum credit score required for this program is 660, a standard that is accessible to the majority of self-employed applicants. Whether you are a new freelancer or a seasoned business owner, as long as you have a stable record of deposits in your account, you can successfully qualify for a loan through this no-tax-return path.

Flexible for Multiple Financing Needs

In addition to home purchases, this program also supports Cash-out Refinance. It is also applicable to second homes and investment properties, with financing ratios up to 85%. This is a huge advantage for self-employed individuals looking to expand their asset portfolio or optimize their cash flow.

Why Choose Cheryl’s Team?

As a professional lending institution with extensive experience, Cheryl’s Team not only provides flexible and diverse loan products but also offers a team of experienced Chinese-speaking advisors. We will assist you throughout the entire process—from consultation and application to a smooth closing—saving you time and effort.

If you are a self-employed individual, freelancer, small business owner, or online vendor, this specialized homebuying program is the perfect choice for you.