Mortgages without income verification

May 9, 2022 | Posted by: Alex Vinarski

Rates for mortgages without income verification.

B side mortgages. Stated income. For clients who do not show much income on tax return, but can show that they do generate income ( 3-6 month business bank statements). Lender will look at the deposits and reasonability of the income. No tax return required. This program also work for clients with damaged credit history. Minimum down payment 20%, and 25% for rentals. Refiancing and purchase. This program works good for self-employed, commission and tipps income. 

Rate 4.69%, plus 1% lender fee.

Reverse mortgages. For clients age 55+. No income verification. Mortgage amount based only on value of the property and borrower's age. Many repayment options: no payment at all, payment of interest, and up to 10% of the principal.  

Private mortgages.  For clients who can't show any income verification and/or have credit problems. All we need to do these mortgages are  application, credit bureau and appraisal. Fast funding. No upfront fee. Mortgage based on the equity of the home only. We can do open or closed mortgage, and even HELOC Home Equity Line of Credit.

Rates for 1 st mortgage from 5.95%, and for second from 7.95%. 

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