No Doc Loans

Hi Ruzadm8Yes I still have access to a no doc loan. The borrower must own at least 25% of a business in order to qualify. The borrower will also have to provide 2 months bank statements. There is no loan to my knowledge out there where the borrower wouldn't have to provide assets unless its a hard money loan. This program is only available for primary residences and 2nd homes and you are only able to get an adjustable rate mortgage. They do NOT offer fixed rates. Our headquarter office is in Parsippany NJ as well. I would be happy to speak to you if you're interested. Please feel free to call me should you have any questions or if you would like to go over your scenario. Have a great day!

Yes, we offer NO DOC loans nationwide, as well as stated and bank statement loans. Feel free to call us at 973 979 4100 to discuss your loan scenario in greater detail.

Nothing even close to pre-2008 lending.

Not from most traditional leinding sources but they do exist. Expect the terms to be less desirable than what they were 5-6 years ago...

There are NO low doc, no doc, or stated income loans available in the traditional markets (Fannie, Freddie, FHA, VA, etc). Mortgage lending rules have made them virtually impossible to provide - and this was because they were highly abused. You may find some very limited versions in a few areas from private lenders with big down payments, for true self-employed people. And it is only going to get worse with even stricter rules starting in January 2014

I don't offer those, but wondering why wouldn't you consider a full doc loan?! anyway, if you still need help, I will be glad to assist you, give me a call at (201) 434- 0005.