No Documentation Mortgage Loans
One type of No Doc Loan is the "NINA" loan, where no income or asset information is provided or verified. If you can verify liquid assets, we suggest you apply for a Stated Income Verified Assets loan or a No Ratio Loan which offers better interest rates.
The NINA loan approval is based on down payment, credit history, and property value. This program still requires "employment" documentation of your past 2 years, while others do not. Currently, No Doc, "NINA", loans may go up to 70% loan to value or 30% down/equity depending on credit scores. Alternate credit is allowed. This flexible program allows foreign nationals with no income and no credit in United States to buy property. The standard credit scores needed are above 680.
No Income No Asset Programs:
(NINA)
(Homes, 2 to 4 Units*, Condo High Rises, Jumbo Loans)
70% to $1,000,000
60% for Non-owners & Foreign Nationals
65% Cash Out to $1,000,000 (if available)
New Do You Own Stocks, Mutual Funds or Bonds?
Use your assets as collateral for a loan
from $50,000 to $20,000,000.
Rates as low as 3%.
(No Credit score, No Job, No Income documentation.)
» Find out more « (updated Feb. 2011)
No Income, No Asset, No Employment: ( No Doc ) These loans have No Verification of Employment, Income,
or Assets Loans and are available on 6 mo adjustable, 2, 3, 5, & 7 year fixed ARM's. A 15 & 30 year fixed rate is also available. For No Doc financing, you'll need credit scores above 680 although some programs go as low as 660.
85% up to $1,000,000
The above program requires a minimum of 15%-20% down or equity when job is not verified up to $1 mil outside of CA.NOTE: this may only be available from private money or hard money sources.
90% No Doc up to $1,000,000 SFR Primary Residence
( 720 credit score for 90%, 680+ for 90%) NOTE: PROGRAM NOT AVAILABLE
80% No Doc with Assets up to $750,000; Assets verified
with no verification on you job or income. NOTE:Program Not Available
All of these loans above have an Interest Only option;
To Begin your Loan Application 
You will have a response quickly within 24 hours*.
Program Highlights
- 3 year, 5 year, 7 year & 10 year interest only payment option on 3, 5, 7, & 10 yr Fixed Adjustable Rate Mortgages. (credit scores over 680) ; 1 month adjustable & 1 yr fixed ARM/s now available too.
- 90% for Purchase or Refinance existing loan Single Family Homes only max loan $1 mil (credit scores over 720)
- Up to 80% Cash Out Stated for Owner Occupied; 75% Cash Out for Non-owner occupied (credit scores over 700);
- 80% cash out up to $1.7mil - Owner Occupied SFR -
NOTE: PROGRAM NOT AVAILABLE
- No Asset Verification and No Employment Verification Loan Programs
To get a rate quote and see what lenders have to offer, try our simple FREE Pre-Qualification process today.
Often, investors and people who don't want to show their tax returns but can verify employment and/or assets inquire about a stated income loan or no doc loans for commercial property. That is something we offer as well on 5+ units.
