NoDocMortgages.com Market News and Insights
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...
No Doc Home Loans: A Hassle-Free Financing Option
No Doc Home Loans, a unique mortgage program that offers hassle-free financing for real estate purchases or refinances. Whether you're looking to buy an owner-occupied property, a second home, or an investment property, this program eliminates the need for income...
The Easier Way to Homeownership or Refinancing a Property
For those seeking a simpler path to homeownership or refinancing a property who don’t have the conventional income needed for qualification, NoDocMortgages.com offers a breath of fresh air. This unique No Documentation Mortgage program stands as a testament to...