NO DOC NEG. AM. LOANS

It is an easy and convenient way to get a neg. am loan. You can now leave the income, employment and assets section on the loan application completely blank. You won't have to send in any bank statements, W2 or 1099 forms or tax returns.

Below are some key points to the NO DOC NEG. AM. LOANS: 

Loan Amounts up to $1,000,000

Good for Purchases and Refinances

Rates

          1.45% with a 30 Year Amortization

          1.70% with a 40 Year Amortization

LTV

          Up to 90 LTV on Purchases and Rate and Term Refinances

          Up to 80% LTV on a Cash Out Refinance

Property Type

Owner Occupied only

Single Family, Condos, Town homes and Duplex

Income, Employment and Assets are not disclosed on the application

Income, Employment and Assets are not verified by lender