Getting a mortgage without 2 years tax returns is absolutely possible, and there are 6 great ways to get it done.
In today's video we cover everything you need to know about how to get approved for a home loan without tax returns, and how to identify which option makes the most sense for you.
Today's deep dive into the world of FHA non-occupant co-borrower loans! 🏡🔍
In this video, we unravel the often-overlooked component of FHA loans - the non-occupant co-borrowers. Whether you're a potential homeowner, a real estate enthusiast, or just curious about the lending landscape, this guide is tailored just for you.
What you'll learn: ✅ The basics of FHA loans and their benefits ✅ The crucial role and advantages of non-occupant co-borrowers ✅ Best practices and key considerations for both primary borrowers and co-borrowers
Don't forget to: 👍 Like the video if you find it helpful 🔔 Subscribe for more insights into the real estate and lending world 💬 Comment down below with your questions or experiences; let's create a community of knowledge!
I know most lenders say that you need at least 620 credit score to qualify. But that is their overlay, that is NOT an FHA guideline.
FHA allows credit scores as low as 500 score, and it really depends on what's showing on the credit, your debt to income ratio, and the loan to value ratio.
You're always welcome to reach out to me directly anytime here: https://balanceprocess.com/contact or call/text me directly at 248-894-2763
My oxygen is getting borrowers approved when other lenders say it's just not possible.
The main benefits to using the Lendlord tenant management software are it centralizes information, automates management tasks, and gives landlords oversight and analytics on their properties for faster, more informed business decisions. This improves efficiency and tenant satisfaction.
Did you know that a no income verification mortgage loan is still an option that is available?
This is a perfect option for someone with unique income or employment circumstances who also has good credit and strong assets.
With this no income verification mortgage loan program, you do not list income or employment on your application, and you do not provide any sort of proof of income whatsoever.
The loan is approved based on credit and assets.
I encourage you to reach out to me directly for any questions you have here:
I cannot tell you how many times I have heard "I have never missed a payment on anything, I have plenty of assets, doesn't that count for something? Yes it absolutely does.
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