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Is there such a thing a doc-free mortgage

Is this the same as stated income? by tskirvin671 from Floweree, Montana. Sep 8th 2020 Reply

Robert Schiano (Robert Schiano)
#2 ranked lender in New York - 7 contributions

No Doc loans do not ezist anymore.Bob

Sep 8th 2020
Bert Carpenter (BertCarpenter)
#1 ranked lender in Arizona - 2,326 contributions

No-Doc loans, Stated Income loans and other such gimmicky loans are all a thing of the past. So much of the market meltdown a decade ago was caused by people getting loans they really did not qualified for, nor could afford. If you can't prove your income, then you can't get a traditional loan. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ 480-889-9000.

Sep 9th 2020
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