No Documentation Mortgages

Apply for a Low-Doc Mortgage

No Documentation Mortgages: -No Seasoning 

When you apply for a home loan, you typically will be asked to provide extensive documentation as part of the approval process. After the mortgage loan crisis of 2008, many lenders have established very strict lending criteria that requires even the most qualified borrowers to produce reams of paperwork showing their income, assets, and ample details about their financial situation.

Unfortunately, the extensive documentation that many lenders require in order to obtain a mortgage can make it impossible for many would-be home buyers or real estate investors to qualify for a loan to buy a property.

There are many situations in which life circumstances, type of employment, or other factors can make it impossible to provide the documentation that a conventional mortgage lender wants to see when approving a mortgage loan. For buyers who do not fit a cookie-cutter mold of what a mortgage borrower should be, purchasing a property can seem hopeless.

The good news is, there is no reason to give up your dream of becoming a homeowner or your plans to invest in residential or commercial real estate. There are still options for low doc mortgage loans and even for no doc mortgage loans. You simply need to do a little more research to find a lender who is willing to go beyond traditional underwriting and standard documentation rules and who will assess your ability to repay the loan in a more holistic way. is the lender that you are looking for if you need a low documentation mortgage loan or a no documentation mortgage loan.

Personal Home 
Investment Properties 
Refinance loan 

Who Needs a Low Doc Mortgage or a No Doc Mortgage?

Many borrowers, including those who are very well-qualified, will struggle to come up with the ample documentation that traditional banks and mortgage brokers require in order to be approved for a loan.

The types of documentation that is necessary generally includes W2s and tax returns showing multiple years of steady income; bank statements and statements from financial accounts to show what assets you own; profit and loss statements detailing your business operations; and much more.

New business owners
It takes time to develop years of business records showing the company’s value. If you have just started a business, you may also not be able to show multiple years of stable income, or the mortgage lender may have difficulty assessing how much the company is worth. All of this can make it impossible to get approved for a conventional mortgage that requires documentatio
Self-employed individuals
Self employed workers face myriad challenges obtaining typical mortgage loans. Their debt may be high because of investing in their business; they may have unstable incomes; or they may have low incomes on paper because of efforts to keep their salary low for tax purposes.
Young workers
Younger people may not have a long track record of working so may be unable to show multiple years of earning history. This does not mean they are unqualified for a conventional mortgage loan, although it often means they cannot obtain one.
Individuals with investment income
Whether you are a retiree living off your investments or you simply got lucky in the market or saved aggressively and can now live off invested funds, you may face a challenge obtaining a conventional mortgage if your loans come from investments. You can’t provide the type of proof of reliable income banks will require when you earn your money based on the performance of invested assets
Individuals with unconventional sources of income
If you have family money or otherwise receive income that doesn’t come from a stable job, you may have difficulty providing documented proof of income in a way that lenders require to give you a conventional mortgage loan.

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