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I'm looking for a lender to do a "no income verification" home equity line of credit . Because my taxable income is low, I am having trouble getting approved.

by kristin.burke465 from Fall Creek, Oregon. Jul 15th 2016 Reply


Jamie Lynne (nationwidelenderforyou)
#142 ranked lender in Texas - 575 contributions

We can do a no income verification first. If that works give us a call at 800 315 8803

Jul 15th 2016
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Scott Fix (ScottFix)
#1325 ranked lender in California - 184 contributions

Find a local loan professional to give you valued advice based on your current situation. If your taxable income is low, and you have no other income other than stated, tread lightly. Do not over extend.

Jul 15th 2016
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,446 contributions

Loans where you do not verify income the traditional way are starting to slowly creep back after completely going away with the real estate market crash. But this time, they are very different, in that the interest rates on these loans are dramatically higher than regular loan interest rates. Prepare for sticker shock!

Jul 18th 2016
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,797 contributions

This loan is going to be very difficult to find.. unless you have some very strong compensating factors.. (load's of equity, large cash assets, many years at the same job, etc..) more than likely, you will not find this loan.. not only are you looking to do a "NO INCOME" loan, but a 2nd position loan at that.. very, very risky.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Jul 18th 2016
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