NO TAX RETURNS!
Easy Doc loans offer self-employed borrowers the opportunity to qualify for mortgage financing without showing tax returns. Qualifying income is calculated by looking at the most recent 12 or 24 months of business activity. We will look at;
- Bank Statements.
- 1099.
- Invoices.
- Other documentation of business activity and income.
These loans are ideal for self-employed borrowers that do not show a strong 2yr history of income on their tax returns, or otherwise are aggressive with write-offs.
FICO and down payment are important in determining interest rates. 90% financing is available for owner occupied, and these loans are good for 1-4 unit properties.
