No Income Verification
Because of the great need of diverse borrowers, a no income verification
mortgage has become very commonplace. Many borrower's are self employed,
commissioned, or receive tip income, which can be difficult to verify. No
income verification loans are available at a surprisingly low rate. Generally,
a borrower must prove that they are a legal business if self employed and
provide proof such as a professional license. These type of loans rely heavily
on a credit rating in lieu of documentation. Ask your loan professional for a
rate quote for this product.