NO TAX RETURN MORTGAGE LENDERS USING BANK STATEMENTSSELF EMPLOYED NO TAX RETURN MORTGAGE LENDERSSELF EMPLOYED NO TAX RETURN MORTGAGE LENDERSNO TAX RETURN BAD CREDIT MORTGAGE LENDERS
STATED INCOME NO TAX RETURN MORTGAGE LENDERS
The No Tax Return mortgage lenders allow you do document you income by using bank statements in lieu of traditional full doc loans with tax returns via 4506T to support income. In addition, if there is a wage earner borrower, too, primary or co-borrower, and the loan applicant uses their W-2 and paystub for income documentation because this No Tax Return Mortgage Lenders Only mortgage loan program does not have a prepayment penalty, no tax return Mortgage Lenders only borrowers can refinance our no tax return mortgage lenders at any time with NO PRE-PAYMENT PENALTY to obtain a lower rate or take cash out.
Bank Statement Guidelines Focus Points Include:
- Purchase, Rate and Term refinance and Cash Out Refinance
- No Tax Return Income Program:
- Alternative Documentation “Alt-Doc”
- No Tax Return Income Documentation:
- Unconventional – 24 months No Tax Return Mortgage Lenders for self-employed
- and or
- Conventional – W-2 and paystub for wage earners – Bank Statement Deposit
Case by case changes – No Tax Return Loan Criteria changes quickly dependent on the No Tax Return lender.
No Tax Return Bank Statement Only Mortgage Lenders
Same Day Approvals!
No Tax Return Self Employed With Deposits For All Business Types:
- Sole Proprietorship.
- Limited Liability Company.
- Cooperative. …
- Corporation. …
- Partnership. …
- S Corporation.
No Tax Return Qualifying Credit Criteria:
NO TAX RETURN MORTGAGE LENDERS GUIDELINESS ARE CHANGING DAILY!
FILL OUT A FULL APPLICATION FOR A SAME DAY PRE APPROVAL!
NO TAX RETURN MORTGAGE LENDERS PROGRAM NOTES
Credit Scores: 500
Loan to Value ratio (LTV) 85%
Debt to Income Ration (DTI): 50%
Maximum Loan amount: $3,000,000
Property Types: Single Family Residence (SFR) 1-4 Units
Occupancy: Owner Occupied / Primary
7 year ARM
30 year Fixed add .25
15 year Fixed add .50
No Prepayment Penalty
No Tax Return Mortgage Lenders Loan 500 Credit Score
No Tax Return Mortgage Lenders Loan for No Tax Return Borrowers
No Tax Return Mortgage Lenders Income Loan
No Tax Return Only – Personal or Business No Tax Return Mortgage Lenders.
No Tax Return Mortgage Lenders loan means to utilize 24 months of borrower personal and or business No Tax Return Mortgage Lenders to show income in lieu of traditional income documents. This income documentation option is for the owner-occupied purchase, refinance and or cash out loan.
24 MONTHS NO TAX RETURN BANK STATEMENT MORTGAGE LENDERS
This no tax return mortgage lender requires 24 months and will utilize gross monthly deposit amounts to represent gross income. Personal no tax return Mortgage Lenders can be used as business no tax return Mortgage Lenders. All pages required (except processed checks) for all months.
Jumbo no tax return Mortgage Lenders Loans Up To 2 Million
Qualify 12 Months no tax return Mortgage Lenders – 12 Month Average Balance for Income Documentation
no tax return Mortgage Lenders in this case are used as a traditional income documentation alternative. However,1099’s can be used without the 1040 or schedule C can be accepted and considered more like a full income documentation program which will produce full income documentation pricing.
85% no tax return Lenders Financing Available
Loan Purpose / LTV:
Purchase or Rate and Term refinance 85% LTV to $1000,000
Cash Out Refinance to $1,000,000 – 75% LTV
Credit Score 500 minimum middle for all borrowers
Bankruptcy discharged – 18 months seasoning required
Foreclosure discharged – 18 months seasoning required
Loan Modification complete (yeah, right. Lose your paperwork, did they?)- 3 Years seasoning required
Available no tax return Mortgage Lenders Terms:
5, 7 and 10 year ARM’s and 15 year fix
Balloon note at ARM maturity or option to roll into an equity line
Owner Occupied Only
1-4 Unit properties OK