Getting A No-Income Loan For A Home May Be Possible With Us Even When You’ve Been Turned Down By Other Lenders
In most cases, No-Income Loans for a home are available when you are between jobs. For example, independent contractors may be experiencing a gap between jobs. Or perhaps you retired early and have lots of assets but not much income. These are just a few examples. The last place you want to be financially is not being able to prove you have income when in need of a mortgage. But never give up because there are many ways to prove your ability to make the payments needed for your home loan.
Most lenders deny these types of loans because they do not want to risk lending money that won’t get paid back. A lender’s concern is that you don’t have a stable long-term income source. The knee-jerk reaction of most lenders is to deny your loan.
But No-Income Loans may be available from HomePromise. Our process begins by providing a quick application process. No-Income Loans are also possible for retirees who have lots of assets but a small amount of fixed income. From start to finish, the application process is simple and free, so give us a call today at 800-720-0250.
Call HomePromise today to find out more about getting a No-Income Loan
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