No Income, No Debt Ratio: The Solution for Buying a Home
Are you inside the marketplace to buy a home but discover that your earnings isn't enough? Or perhaps you have quite a few money but can not get a mortgage due to the fact no lender can confirm your earnings? I have a solution for you: no income, no pro rata loan.
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Qualifying for a loan with ZERO INCOME! | NEW Mortgage Loan |
What is the No Income, No Loan Ratio?
This loan allows you to qualify for a mortgage on your primary residence without income verification. Basically, we will focus only on the assets in your bank account. All we have to do is check that the money has been in your account for only one month.
Simple Requirements
The requirements are simple:
Guidelines for Borrowing
Here are some guidelines on how to get this loan:
- 700 FICO Score: You will need to put down 20%.
- 680 FICO Score: You will need to put down 25%.
- 660 FICO Score: You will need to put down 30%.
That's it! The simplicity of this loan makes it a great option.
Ideal Candidates
This loan is ideal for individuals such as high-level players (NFL, NBA, etc.) who may have just received a significant contract. If you have a lot of money coming in but haven't been in business for two years, traditional lenders may reject your application; however, this zero-income loan is your solution.
Get Started
If you need more records or have questions, All my contact statistics is in the description. Please get in touch so we will let you settle into your new home.
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