Yes. Believe it or not No Income verification loans do still exist. At Homerica Mortgage Corporation, we currently have relationships with lenders who will lend on well qualified home owners without verifying income. These loans are ideal for self-employed borrowers whose income varies from year to year, have very good FICO scores, a lot of equity in their home and high liquidity.
Typically, these mortgage rates are about .500% higher than the full income verification loans.
For instance, if the 15 Year Jumbo mortgage were 3.750%, the No Income Verification Loan would be approximately 4.25%. Still unbelievably low for a purchase or refinance mortgage!
We are able to provide No Income Verification loans to Connecticut and New York homeowners. Homerica Mortgage Corporation has long time relationships with it’s lenders so we are able to help you obtain your financing goals even of you situation is “out of the box”. The lenders we work with are excellent smaller banks where we can reach out to about each loan on an individual basis. These lenders are very familiar with the Tri State area and service New York and Connecticut homeowners.
If you live in New York or Connecticut, give us a call at 877-451-3100 or use our Contact Us page to inquire about our low interest rates.
Mary P. Boyle – Mortgage Loan Originator
Homerica Mortgage Corporation – Your first choice for mortgages in New York and Connecticut
