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Loan Modification

Non Qualifying Home Loans                                                                                                 

Non qualifying home loans or no documentation home loans are a simple solution in today's market. We offer a suite of programs collectively referred to as No Documentation or non qualifying home loans. These non qualifying home loans assist borrowers obtain mortgage financing when their income, employment or assets are difficult to verify. Email non qualifying home loans questions. I also offer non qualifying business equipment leasing to business owners.

No Doc loans fall into three categories:

NO Doc No Documentation loans require no employment, income, or assets to be stated on your application. No information is verified beyond your credit profile and value of the property. We allow as little as a 5% down payment. If you have past credit issues you will need a slightly higher down payment but I can get the loan done. Rates are 1 to 1.5% higher than conventional financing and are available on both fixed rate and adjustable mortgages. More detailed information on No Doc Non Qualifying Home Loans.  No Ratio A No Ratio loan is a good choice as you do not state any income information and your rate will be less than for a No Documentation loan. Because we do not need income information, no debt ratios are calculated. We will verify employment and assets. More on No Ratio Non Qualifying Home Loans. Stated Income Stated income mortgages are the least expensive option. We verify employment and assets, income is stated on the application but not verified. Your stated income must be reasonable for your occupation and assets. Rates are usually only .500% above conventional rates. More on Stated Income Non Qualifying Home Loans.

Property and Occupancy types

Non Qualifying Home Loans allow purchasing or refinancing a single family, townhouse or condo. An investment property or Vacation home is also acceptable.  While most lenders only offer these programs up to $417,000, we also offer Jumbo No Doc Loans.

Learn more about no income verification mortgage closing costs.

I have a page on how to calculate your qualification ratios.

I have included a section on the new Cash Flow ARMS. A LIBOR based  product which gives you complete flexibility

The new Asset Manager is a creative HELOC which gives you complete control

I have a page on traditional documentation requirements.

Learn more about investing

Learn more about Loan Modification. If you can not refinance, it may be the best way to save your home today.

If you have had credit issues in the past, it is absolutely critical in today's market that they be addressed before you try to get a mortgage. I have referred my clients to CreditFX for the past 5 years. Exceptional customer service and I am often stunned at what they have been able to have removed from people's reports, allowing my clients to qualify. Their charge of $199 is one of life's true bargains.

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer and mortgage debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

New! View my Wealthbuilder presentation and learn the safe way to manage your debt and fund your retirement.

I hope the information on this page was useful to you. Please scroll down to view my Mortgage Market Guide. It is a weekly publication explaining the financial markets from a consumer's perspective that is available on this website or by email subscription. I have nearly 8,000 subscribers today and would be happy to have you as well. Your email address will never be used for any other purpose.

    Prequalify for your Non Qualifying Home Loan.