No Income Verified Mortgages

Mortgages for people with hard to prove income

Our no income verified mortgage is perfect for those individuals that have hard-to-prove income.?Self-employed people often have a hard time showing income if they have a great accountant.??The accountant’s job is to make sure that you pay as little taxes as possible. The problem with that when it comes to qualifying for a mortgage is that when you don’t show a large enough adjusted income and you may not be able to qualify for the mortgage that you are wanting to buy your next home.

We now offer a no-income verified mortgage to help those individuals. As long as you have acceptable credit scores and you have verified money in the bank for both the down payment and the reserves, we can now qualify you to purchase a home for loans up to 3 million dollars.

To find out if you qualify just complete an online application now and we can get back to you with your pre-approval quickly.

What you need to qualify

• Primary Residence and Second Homes
• Credit Underwritten Based on LTV, FICO, and Liquidity
• Income Documentation Not Required
• Income Not Stated
• Debt-to-Income (DTI) Not Calculated
• Asset Seasoning 30 Days
• Only the first page of a bank statement required for typical portfolio loans
• Loan Amounts Up to $3 Million
• Up to 80% LTV Purchase/Rate & Term
• FICO Beginning at 640
• Reserves from 3 Months

A No-income verified mortgage is great for:

• Self-Employed/Small Business Owner
• Volatile or Irregular Income
• Retired
• Seasonal & Gig Workers
• Real Estate Investors
• Owners & Employees of Cash Businesses
• Newly Self-Employed
• Transitioning from Recent Health, Family,
• or Other Life Events
• Looking to Tap Trapped Home Equity
• Recent Immigration
• Disqualified Income

According to this article on Zillow,??one of the biggest reasons the self-employed get denied for a loan is that they haven’t been self-employed for long enough. Lenders like you to have been self-employed for two years or more typically. That is not a problem with our No-income verified mortgage.

Rocket Mortgage states on their website?that you will need things like letters from your accountant, a profit and loss statement, 2 years of personal tax returns and 2 years of corporate returns to get started with an approval.?You will not need any on those items with our No-income verified mortgage.

Get Started with your dream home purchase today.

Richard Woodward

Branch Manager NMLS 217454

Your Local, Direct, 5 Star Rated Mortgage Lender

Voice/Text:?(214) 945-1066 www.Mortgageprosus.com

Nexa Mortgage?NMLS?NMLS#?1660690

?7820 Hague Court Plano, TX 75025

Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Nexa Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice.

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