The answer is… YES you can!
Let me tell you a secret. You don’t even need a large deposit in certain scenarios. The fact that you have a large deposit only strengthens your case.
We get asked these no-job or no-doc questions constantly in our day-to-day business operations. Many borrowers don’t think these mortgage loans exist or maybe that they are impossible to get. But we have handpicked the best Lenders who specialize in no-income-verification loans and depending on your buying needs working with them can be very beneficial to you. Of course, common sense approach to getting these loans still applies: that you appear as a well qualified buyer to get a no income verification mortgage.
What does it even mean, no income verification loan?
That means, we don’t need your W2 or pay-stub, nor your Taxes… Nobody is going to call HR to check if you in fact work there and what your salary is.
Your credit score and capacity for a mortgage will do!
Many lenders have helped thousands get a no-job verification mortgage. The main thing for them to analyze your current financial situation and see what you need to qualify.
Our goal is to help match you up with experts in these exact loan types to get you approved. We work with hundreds of loan professionals that specialize in specific loan types. You want the expert who has dealt with the loan types you see.
What you need to get pre-qualified for this program:
- Your government-issued ID (Drivers license/Green Card if permanent resident)
- Your Bank Statements covering at least 60 days with enough funds for at least 25% down payment + reserves (amount depends on your Loan Amount) + closing costs
- FICO Score at least 700
- Filled out Application
(*depending on lender and property some may ask for further proof of funds and documentation)