(Stated Income) No Proof of Income Mortgage|No Debt Ratio|No Doc Loans

Stated income! Need a stated income loan with No Proof of income mortgage? Easy Loans! are back with this no debt ratio, no doc loan, no proof of income not even stated income! I

t is a true Easy loans loan! Can't prove your income with income taxes, but want to buy a home? Need a stated income loan? What if you didn't even have to state income? With no verification of income, this loan will serve many people who are can't prove income for various reasons and need a no income home loan! Many families have a great income but don't show it on their taxes. Sometimes people make great money but haven't been in business long enough to qualify for a standard loan! There are many different reasons why people may not be able to document income. This group of people is classified as "underbanked". We have both no income documentation loans and alternative documentation loans. The need is for a no debt ratio loan which we now offer! Easy real estate investing becomes a reality with this no doc loan! In the olden days of the mortgage industry (just 10-15 years ago) we were able to do no doc loans with no income verifications. Also called stated income loans or a no doc mortgage, this no proof of income loan which the CDFI license allows because of the Ability to repay rules are not in effect. This is not the same as a bank statement loan. It truly is a no docs home loan, So when you can't prove income with income taxes, but you want to buy a home there are alternative documentation loans including bank statement programs and No Income documentation loans! sometimes called stated income loans - except with this loan you don't even state income! There are no debt ratios used on this loan whatsoever on this "NON" stated income mortgage! Common today is a bank statement loan program, where the borrower will provide 12 - 24 months of bank statements on personal and sometimes business income taxes. These programs are readily available today throughout the mortgage industry. What makes our No Income Documentation Loan unique is a special license called CDFI. The What Is CDFI Certification? CDFI Certification is the U.S. Department of the Treasury’s recognition of specialized financial institutions serving low-income communities. CDFI Certification opens the door to opportunities for CDFIs to excel—both operationally and financially. Through Certification, CDFIs are qualified to apply for technical assistance and financial assistance awards, as well as training provided by the CDFI Fund through the Capacity Building Initiative. These instant loan without bank statement loans (we can close in 10 days!) are quick easy and legal because of the CDFI license. A without bank statement loan - also called no doc loans to require absolutely no income verification at all. They require a credit report and proof of funds for the down payment and required reserves. Reserve amount is based on credit score and down payment amount. These no income proof loans also called a no doc loan or a stated income (even though the income is not even stated on the application) do need a higher down payment and the rates are not the same as FNMA or Freddie Mac conventional loans, FHA mortgage loans and VA loan, but are a simple way to purchase a home and are often used for a short-term loan and then refinance to more standard type loans. http://www.FireYourLandlord.info for FHA loan application online. Apply online. even FHA Loans bad credit! FHA Loan guidelines for FHA mortgage loans are the same in California and nationally. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ #NoDocumentationLoan#NoIncomeProof#StatedIncome Like | Share | Comment and Subscribe Apply online now at http://www.FireYourLandlord.info 5-10 mins to get your process started. All real estate loans- whole loan process and Fire Your Landlord! To learn how much mortgage loan you can qualify for. Watch https://www.youtube.com/watch?v=wA8QL... For an FHA mortgage, or if you have an FHA loan question, call Chris an FHA Loan Officer! Fire Your Landlord with FHA loans to qualify for FHA! Mortgage loan Steps to buy a home with an FHA Home loan! Chris Trapani NMLS# 240870 Cell: 310-350-2546 Commerce Home Mortgage 8311 Haven Ave, Suite 210 Rancho Cucamonga, CA 91730