There
has
never been a time when so many no income verification loan programs were available.
Whether you are self-employed, on a fixed income, are a w-2 wage earner, or simply not
employed our network members have many programs available for you.
Below is a partial listing of the no income verification loan
programs available through the ShopMyLoan.com network members and
the usual income requirements.
No
employment or income is listed on application. No proof.
Low-Doc
Only a
letter of employment from employer is required. Business will
be verified as to existence.
Lite-Doc
1 year
employment or self-employment must be proven as well as one
years income. Bank statements may usually by used to document
amount of income.
Stated
Two
years employment or self-employment must be verified. Income must be stated but
not proven.
NINA
Short
for No Income No Asset. This is a steted income loan with the
no asset verification feature added.
No Asset
Feature
added to many loans. Short for No Asset verification. Assets
are stated but not verified.
No Ratio
Employment
and position or self-employment are verified but, no income is
listed.
Proving Self-Employment: Generally
you can prove that
your self-employed in the following ways: Business licenses, or
trade reference letters.
If your business is incorporated, a printout from your secretary of
state showing you as the principle of the business, how long the
business has been in existence, and the businesses current standing.
A letter from a state licensed CPA that prepares or has reviewed
your taxes may write a letter on the firms letterhead stating the
firm has prepared or reviewed your tax returns for the past # years
and you are self-employed.
If you'd like to
see the multiple home loan offers available to you, with no
obligation and no credit check Click
Here.
ShopMyLoan.com helps
consumers find & get the best loan possible. By using our three
step process you'll obtain loan terms that match your goals and needs.
The Steps:
1
Use our tools and perform research to see what financial services
are currently available & how they benefit you. 2
We provide access to our lending network of nearly 8,000 carefully
screened companies. 3
We'll narrow the field from nearly 8,000 to just a few by matching
the loan features you want with the top providers of those features.
Now you'll compare the terms choose what's best.
If you'd like to see the multiple home loan offers available to you,
with no obligation and no credit
check Click
Here.
Home Loans
Auto - Motorcycle
