Our No Income Loan Process is Quick & Painless
No Income loans are now available! Before the mortgage crash in 2008, most loans were stated income loans. These loans were built for homeowners or buyers who had complicated income and couldn’t prove their income. After the crash of 2009, these programs went away but now they are available again. In today’s work force, there are so many people who have jobs plus side hustles and other alternative income that just can’t be documented. To be clear this loan requires NO INCOME VERIFICATION. Disclosing your employment or income source is not a requirement.
As long as you have at least a 640 credit score, 20% down payment if buying, and good payment history you can get qualified for this loan. Documenting income is the most complicated part of getting approved for a loan but with this program, the stress of verifying income if fully removed. Keep in mind the less documentation you have the higher the risk which means the higher the interest rate of the loan.
We’re here to make the No Income home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE No Income Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you – whether you’re a first-time home buyer or a seasoned investor.
The No Income Loan Process
Here’s how our home loan process works:
- Complete our simple No Income Loan Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs