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:
- Confirm LTV
- Confirm FICO
- 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
