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COMMUNITY MORTGAGE – NO INCOME REQUIRED

We have a new partner that offers an exciting loan program – NO income documentation required. Significantly simplified loan process, helping more people realize their dream of homeownership in this new market.

THREE STEPS TO QUALIFY FOR A MORTGAGE:

  1. Confirm LTV
  2.  Confirm FICO
  3. Verify reserves

GUIDELINES:

• LTV up to 80%
• FICO beginning at 640
• 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
• Reserves from 12 months

 

 

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