We have emerged as the top choice for providing “No Income Check” mortgages for those borrowers who qualify for the program. The “No Income Check” program does exist and has specific requirements in order to get this type of financing. The program is mostly designed for the self-employed borrower as an option for home financing since self-employed individuals have a complex way of documenting income. As time has evolved, the No Income Check” program has allowed individuals who are 1099 or retired, to also obtain financing under this program. Most lenders across the continental United States require that borrowers provide income documentation to qualify for a mortgage loan and do not offer no income verification mortgages no matter what the transaction is, whether it is a purchase or a refinance.
We have the no income check program that does not require any income documentation at all.
- No Tax Returns Required
- No Pay-Stubs Required
- No W2’s Required
We require 25% down payment for a purchase transaction and 65% Loan to Value ( LTV) financing for refinancing. There are other requirements that need to be met that’s why we recommend contacting one of our experienced loan officers that specialize in no income verification loans. We are a reputable company and have been around since 1993. Our portfolio of products surpasses that of any other mortgage lender.
The no income check program is available in 46 states, so please contact us either by phone (800) 535-0270 or email us at [email protected] to find out what states are eligible for the no income check program and what other requirements need to be met for this program.
See below some highlights of the program.
- No Tax Returns / No W2’s / No Pay stubs
- Loan amounts up to $3 Million
- 1-4 residential Units and Condos (must be investment property) ( NY available for primary residence)
- 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
***Keep in mind that after speaking to a Loan Officer and it is determined that you don’t qualify for the no income check program because of occupancy then please ask the loan officer about our bank statement program for self-employed borrowers where we use the deposits in their business or personal bank statements to calculate income and this program will allow for any type of occupancy including primary residence.***
*This product is not regulated by the New York State Department of Financial Services
**Currently due to COVID-19 epidemic this program is only available in New York and Florida.