If you look up home loans on Google, you will probably find three major categories: No income verification loans, traditional loans, and hard money loans. A no-income verification loan has several perks for both borrowers and real estate investors. On the other hand, traditional loans are given only by established financial institutions like big banks. …
Loans with No Income Verification for Real Estate Investments Read More »
If you are considering taking out a loan of any type, it is vital to understand how your repayment model works. Or else, you will be flying blind into a costly financial commitment. One common type of loan repayment structure is a fully amortized loan. This article will take a closer look at what a 30 …
Getting a mortgage can be a very challenging process as it is. This process can be even more complex and complicated for you if you are a self-employed individual. Since most self-employed professionals do not have enough paperwork to show their earnings, it can get tricky to prove their income and get a loan. However, …
Looking to finance a rental real estate with no intention to live in the property? A non-owner-occupied investment mortgage can be an ideal solution for you. However, if you plan on doing a few renovations to boost the current value of your property, you can also look into non-owner-occupied renovation loans. Before we get into the …
How Are Non-Owner-Occupied Mortgages Different Than Non-Owner-Occupied Renovation Loans? Read More »
It can get a little challenging if you wish to purchase a real estate property but don’t have a stable income. However, you can still get a no income verification mortgage loan if you have complex self-employment income or if you fail to meet the minimum income requirements for a traditional mortgage. A no-income verification mortgage loan …
No Income Verification Mortgage Loans Are Not As Complicated As You May Think! Read More »
