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Discussions tagged with 'No-Doc Mortgages'
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Non-QM loans or Non-Qualified Mortgages are portfolio loans that do not conform to Fannie Mae or Freddie Mac agency mortgage guidelines. Here are examples of non-QM mortgage loans:
- Bank StatementMortgage Loans for self-employed borrowers
- There is no income tax or income documentation required on bank statement mortgages.
- The average of 12 months of bank statement deposits is required to calculate income on bank statement loans.
- Non-QM Jumbo Loans with bad credit
- No Income Documentation Mortgage Loans
- No-Doc mortgage loans
- Asset-Based Loans
- Foreign National Loans (ITIN) mortgage loans
- Recent Credit Event Loans. …
- Commercial loans
- 1099 income-only mortgages
- Stated-income mortgage loans
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replied 3 months, 1 week ago
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The team at Gustan Cho Associates are experts in helping borrowers qualify and get approved for non-qualified no income document mortgages. We can help borrowers without traditional income sources with our no-ratio mortgage programs. A credit score over 660 is required, as well as at least one tradeline open 24 months or more. Down payments and reserve requirements will vary.
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replied 7 months, 2 weeks ago
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