No Income Verification

Loans where your income is not requested or verified are stated income loans. There are several varieties of the "no-doc" loan today. Basically, the type of loan that is best suited for a particular borrower depends on that borrower's situation. Some borrowers choose not to disclose employment, income or asset information, while others may be willing to disclose employment and asset information but not income. Still others might be willing to disclose even income but select a program that doesn't calculate debt-to-income ratios, allowing those borrowers to exceed traditional guidelines in order to qualify for a larger mortgage amount. With all the different variations of the no-doc loan, there is definitely a mortgage program for today's non-conventional borrowers.These loans come with increased regulation and disclosure.  Our job is to make sure you can afford this mortgage based on the Lender Requirements.  These loans typically have a higher interest rate and you would be better off if you could go full documentation. [Apply]