No Income & No Employment & No Ratios

Ideal for Scenarios

  • **Cash Back after buying for Cash Purchase Price**
  • Self-Employed/Small Business Owner
  • Volatile or Irregular Income
  • Retired
  • Seasonal & Gig Workers
  • Real Estate Investors
  • Owners & Employees of Cash Businesses
  • Newly Self-Employed
  • Transitioning from Recent Health, Family, or Other Life Events
  • Looking to Tap Trapped Home Equity
  • Recent Immigration
  • Disqualified Income

Purchase

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  • Credit Score Driven
  • Primary Residents & Second Homes
  • Loan Amounts Up to $3 Million
  • Min Credit Score: 640
  • LTV: 75%
  • No Income & No Employment on Application
  • Debt to Income (DTI) Not Calculated
  • Assets – Seasoned 30 Days
  • Reserves from 3 Months -Seasoned 30 days
  • US Citizens, Permanent Alien & NON-Permanent Alien with US Credit
  • Max Financed Properties – 20 including subject
  • Properties Allowed – SFR, PUD, Townhome, Condo,Non-Warrantable Condo (65%ltv), 2-4 unit
  • Prepay Penalty – NONE
  • Seller Concessions up to 6%
  • Rates general range- bank rates + min 1%
  • Loan Amount above $1.5mil require 2 Appraisals