Danbury mortgages for business owners, landlords, and homeowners.

Danbury is our next-door city. Our office at 96 Danbury Rd is on Route 35, and Danbury files are a big part of what we do. As a Connecticut-licensed lender (ML 1892568), we can fund Danbury loans in-house or shop them with our investor network when that fits better.

Bank-statement loans for self-employed Danbury borrowers

Danbury has a large community of owner-run small businesses: restaurants and food service, cleaning and home-services companies, construction and painting crews, auto shops, and independent contractors who work across Fairfield County and into New York. Many of these owners run most of their income through business accounts and write off what the law allows. Bank-statement programs use 12 or 24 months of personal or business deposits to show income instead of the tax return.

Bank-statement / Non-QM program · How bank statement loans work · Connecticut bank-statement loans

DSCR loans for Danbury rental properties

Danbury has the multi-family housing stock that investors look for: two-, three-, and four-family houses in the older neighborhoods near downtown, plus condos and townhouses. Rental demand comes from local employers including Danbury Hospital, students and staff at Western Connecticut State University, and commuters using I-84 and the Metro-North Danbury branch. A DSCR loan qualifies the property on its rent compared with the full payment, so you do not need a W-2 or tax returns to qualify. Condos also go through a review of the association.

DSCR / investor program · How DSCR is calculated · Connecticut DSCR loans

HELOCs for Danbury homeowners

Danbury homeowners use HELOCs for renovations, finishing a basement or adding a unit where zoning allows, paying down higher-rate debt, and tuition. On a primary or vacation home, lines have been offered up to 80% of value minus the first mortgage, or $700,000, whichever is lower. This HELOC product can close in as little as 7 days, often with no appraisal. That is not guaranteed, and HELOC rates are usually variable, so call for today’s terms.

HELOC program · How fast can I get a HELOC? · Connecticut HELOCs

Good to know in Danbury

If you own a two- to four-family house, tell us which unit you live in and what the other units rent for. That changes which program fits: an owner-occupied multi-family can use bank-statement or other owner-occupied options, and a fully rented one can use DSCR.

All loans are subject to credit, income, property, and underwriting approval. Nothing here is a rate quote, a commitment to lend, or a guaranteed timeline. Licensed Connecticut Mortgage Lender, Connecticut Banking Department, ML 1892568.