NoDocMortgages.com Market News and Insights
We offer no-doc loans for foreign nationals
We offer no-doc loans for foreign nationals. These are individuals who own or want to buy real estate in the United States but live abroad. You would need to contact our office to see if your country is a RED country, which means that we do not lend in those...
No Doc Mortgages — No Income Verification Required
If you're self-employed, a freelancer, investor, recently unemployed, or just someone with unconventional income, you're not alone. Thousands of successful borrowers don’t meet the strict documentation requirements of conventional lenders. That’s why we...
No Doc Loans Available For Small Balance Commercial Loans
In the ever-evolving landscape of commercial real estate financing, NoDocMortgages.com is proud to offer a groundbreaking solution for small-balance commercial loans: our No Doc Streamline Program. This innovative program is designed to provide credit-worthy...
Using Bank Statements to Qualify for a Mortgage Loan
Navigating the world of bank statements and loans can be a tricky endeavor, especially when dealing with multiple businesses and a debt-to-income ratio (DTI) exceeding 50%. In a recent case, a loan was initially turned down by another lender due to the high DTI...
No Doc Cash-Out to 75% LTV
No DSCR Requirement on Rental Loans! Our No Doc program allows rental loans with no DSCR requirement. This means that you can secure financing for your investment properties without having to meet the traditional debt service coverage ratio (DSCR) criteria, best...
Self-Employed Borrowers Can Use 1 Year P&L in Replacement of Tax Returns
We can finance self-employed borrowers using a 1-year profit and loss statement in place of a tax return. This is a great deal for self-employed borrowers, and we are excited to offer our borrowers the ability to submit the IRS form 1099 along with a Profit and...