Can I get a mortgage without proof of income? Florida

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Calculation example: with a loan amount of USD 100,000 at 10% per annum, for a period of 1 year, the total amount to be repaid will be equal to: USD 105,499.06, with a monthly payment: USD 8791.59. The consequences of not paying the loan are regulated by the legislation of USA.

    Can I get a mortgage without proof of income?

    With its tattered reputation, non-verified income mortgages remain an option for some borrowers who have trouble getting a traditional mortgage.
    A loan without proof of income can make sense if you don't have a regular W-2 income that comes from a 9 to 5 job. These could include small business owners, freelancers, and contractors.
    Undocumented mortgages are more risky for lenders than standard mortgages, so they often come with higher interest rates, down payments, and credit rating requirements.
    Loans without proof of income tend to require huge down payments, probably 20% or more compared to 3% for a regular loan and 3.5% for an FHA loan.
    Lenders may also be looking for other types of proof that you can pay, including assets such as property rentals, savings, or shares.