Getting a mortgage loan without proof of income. Nebraska

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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.

    Getting a mortgage loan without proof of income.

    In some situations, an "undocumented" mortgage is the best or only option.
    This is a loan that does not require any documentation of income or solvency.
    Undocumented loans are sometimes referred to as tax-free mortgages or mortgages without proof of income. And typically, "no paperwork" mortgages are handled by hard money lenders who charge super-high rates.
    Usually we can help you avoid this.
    For example, when financing your primary residence, we may offer a loan with a bank statement. When financing rental property, a Debt Coverage Ratio (or DSCR) loan can offer better rates.