Self Employed/Stated Income
This mortgage applies to all business owners, commission sales people, contractors and consultants. You do not qualify on the income you declare, an average of your tax assessments or your pay stubs. You must be self employed for at least two years and have good credit.
This is a great mortgage for the self employed person, with the lenders allowing you alternative documentation to qualify. You can finance up to 95% of your property value and start building home equity today!
A No Income Qualifier allows people with otherwise good credit to qualify for a mortgage by taking the income considerations out of the equation.