Forums Discussions
-
Discussions tagged with 'No-Doc Mortgages'
-
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
View Last Reply:
replied 1 year, 10 months ago
| Participants: 2 Members
|
3 Replies
-
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.
gustancho.com
About Us At Gustan Cho Associates
About Us At Gustan Cho Associates: Gustan Cho Associates is a national mortgage company licensed in multiple states wtih no lender overlays
View Last Reply: replied 2 years, 2 months ago
| Participants: 2 Members
|
1 Reply
Viewing 1 - 2 of 2 discussions