Mortgage Lenders for Self-Employed Borrowers
- No tax returns required
- 12 month personal bank statements
- 24 month business bank statements
- Loans up to $3 million
- Credit scores down to 600
- Rates starting in the 4’s
- Up to 90% LTV on Personal and Business with no MI
- DTI up to 50% considered
- Owner-occupied, 2nd homes and investment properties
- 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
- Non-warrantable condos considered
- Jumbo loans down to 600 score
- 5/1 ARM or 30-year fixed
- No pre-payment penalty for owner-occ and 2nd homes
- Seller concessions to 6% (2% for investment)
- 2 year self-employed required
No Tax Returns Needed To Verity Income!
No income or Stated Mortgage loans are approved for self-employed borrowers that can verify bank deposits via bank statements.
NO INCOME FLORIDA MORTGAGE ADVANTAGES
- No income verification via tax returns
- No debt-to-income calculations
- No minimum credit score
- Credit score only used to determine tiers
- Close in as little as two weeks
NO INCOME VERIFICATION MORTGAGE LENDERS
No income verification mortgage lenders provide home loans for which the lender doesn’t require you to prove that your income meets certain requirements. Generally, when you apply for a mortgage home loan, you’re required to show proof of income through pay stubs and W-2 forms and Tax Returns. However, income verification can be difficult for some borrowers, especially those who are self-employed or who receive a commission-based salary. In many cases these borrowers for tax purposes write of all their income making it almost impossible to qualify for a mortgage. In this case, a no income verification mortgage lender can be used to qualify for a mortgage.
NO INCOME VERIFICATION MORTGAGE LENDERS DO NOT REQUIRE:
- 10% Downpayment!
- No Tax Returns / W2’s / Pay stubs
- No Income Verification Loans amounts up to $3 Million
- 1-4 residential Units and Townhomes And Condos
- 5+ Unit Multifamily and Mixed-Use Properties
- Office, Retail, Warehouse, Self-Storage, Automotive Service.
- No limit on how many properties owned
- Call for Terms and Pricing
SO THAT DO NO INCOME MORTGAGE LENDERS NEED TO QUALIFY ME? No income verification mortgage lenders will qualify you using a 24-month deposit history.
Bank Statement Only borrowers that can document their income by providing the following:
- Bank Statement Lenders Worksheet
- Bank Statement Lenders 24 Month Profit and Loss Statement Request
- NO TAX RETURNS NEEDED!!!
No Income Verification Florida Mortgage Lenders
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