You Can Get a Loan If Your Self-employed
July 29, 2008 by admin
There is one mortgage that is perfect for the person that doesn’t want to divulge their income - a no income verification loan. No income verification loans should not be confused as a no credit loan or a bad credit loan. While a potential borrower does not have to submit the documents required to confirm their income, it is still a difficult mortgage loan to obtain. Generally, home mortgage lenders are weary of giving no income verification loans to individuals who do not carefully pay their bills every month. Rather no income verification loans generally appeal to those individuals who have complicated tax returns due to being self-employed. Trident Mortgage of Devon can help you with a No Income Verification Loan if you are self-employed.
Matt Ryan
431 West Lancaster Avenue
Devon, PA 19333
Phone: 610-993-2012
Fax: 610-889-1570
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[…] No Income Verification Loans is great for those who can’t verify income with traditional documentation, such as those who are self-employed or salaried. NIV loans are usually designed for those who have substantial savings for a down payment. NIV Loans come in all varieties and can be used to purchase a home or to refinance an existing mortgage. […]
[…] Trident Mortgage Company offers an exceptional Menu of Loan Programs to borrowers with good credit histories who wish not to document their incomes. The income is “stated” but not verified, and this program is ideal for self-employed borrowers with complicated tax returns and financial statements. Salaried and retired borrowers are also eligible. Find out more information about Trident and how they can help you today. […]