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Corporate Benefits-HBIQ Mortgage Process Mortgage Programs Mortgage Rates Mortgage Refinance Short Application Form Purchase Checklist Pricing Guarantee Contact Us Daily Rate Lock Advisory Mortgage Applications Spanish Loan Application Mortgage Articles Appraisals Bankruptcy Mortgage Calculators Cash Flow ARMS Closing Costs Commercial Mortgage Construction Mortgage Credit Down Payment FHA Mortgage Loans Foreclosure Funding Mortgage Interest Rates Mortgage Loan Options Lock Policy Mortgage Processes Option ARMS Prequalification Printable Documents Mortgage Products Relocation VA Mortgage Loans ________________ PA Fee Special Ideal Home Builders           No Documentation Loans   No Documentation loans are a simple solution. We offer a suite of programs collectively referred to as No Documentation loans. These loans assist borrowers in obtaining mortgage financing when their income or assets are difficult to verify.  No Doc loans fall into three categories: No Doc No Documentation loans require no employment, income, or assets to be stated on your application. No information is verified beyond your credit profile and value of the property. We allow as little as a 10% down payment. We even have some lenders that will consider 0% or no money down for the borrower with exceptionally high credit scores (usually 775 or better). If you have past credit issues you will need a slightly higher down payment but we can get the loan done. Rates are 1.5 to 2.0% higher than conventional financing and are available on both fixed rate and adjustable mortgages. More detailed information on No Doc Mortgages.  No Ratio A No Ratio loan is a good choice as you do not state any income information and your rate will be less than for a No Documentation loan. Because we do not need income information, no debt ratios are calculated. We will verify employment and assets. More on No Ratio Mortgages. Stated Income Stated income mortgages are the least expensive option. We verify employment and assets, income is stated on the application but not verified. Your stated income must be reasonable for your occupation and assets. Rates are usually only .500% above conventional rates. More on Stated Income Mortgages.   Property and Occupancy types No Documentation Loans allow purchasing or refinancing a single family, townhouse or condo. An investment property or Vacation home is acceptable. The programs can be used with our No Documentation construction/perm program. While most lenders only offer these program up to $400,000, we also offer Jumbo No Doc Loans.   We can suit you... RESIDENTIAL LOAN PROGRAMS   COMMERCIAL LOAN PROGRAMS     ________________ Reduced Docs Center Financing Costs Home Buying ________________

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