No Doc Mortgage Refinance

 · Click here to check today’s mortgage rates. Stated Income Loans: Available within Business Lending “If I wanted to go refinance my house or buy a new house to live in and get a stated income loan, I couldn’t do it,” says Brian O’Shaughnessy, CEO of Athas Capital Group, based in Calabasas, Calif.

No doc loans are a greater risk for mortgage lenders; the market crash was in part due to risky no doc loans defaulting. The no doc refinance products have been performing better in recent years and that’s a good thing. Without a standard set of income proving documents, you will likely have a higher interest rate than a regular, full doc.

1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing all of Florida offering over 48 loans programs including Conventional Loans, Non-Conforming Loans, FHA Loans, VA Loans, USDA Loan, Self-Employed Loans, Bank Statement Loans, No-Doc Loans, Reverse Mortgage Loans, ITIN Loans, Rental Investment Loans, to name a few and specializing in Bank Statement Loans or “stated.

Seasoning Requirements For Cash Out Refinance PDF Date: February 14, 2011 To: All Approved Mortgagees All FHA. – mortgagee letter 2011-11 subject fha refinance transactions. such as a 6-month seasoning requirement, an acceptable payment history, and a maximum insurable loan balance which sufficiently. Cash out Refinances -.

Finance One now offers unique loan programs like Stated Income Home Loans (Stated Income Loans limited to CA, GA, NJ, NY, MA, TX, PA.other states case by case), no doc loans, foreign national loans, high ratio loans, etc. We have established private mortgage banking relationships with several institution. Read More

Employment History Letter For Mortgage prepayment penalties mortgage mortgage calculators, Mortgage Payments, Interest Rates. – Use our mortgage calculators with the best current mortgage rates to determine payments which will fit your financial situation.

No Documentation Refinance Low Doc Loan with stated income mortgage Refinancing. We help qualified homeowners with stated income and no doc loans when refinancing with conventional and government programs. New products are enabling people to take advantage of low doc mortgages and stated income refinancing that is still available to select.

No Doc Mortgage – Apply for mortgage refinance online now and you will lower your monthly payments and interest rates by refinancing your loan. However, before you refinance, you must determine whether the market is good for refinancing and if you are refinancing for the right reasons.

A no-doc mortgage is an extinct mortgage product that does not require mortgage lenders to document the borrower’s income or assets. No-doc mortgages are illegal today because they violate the requirement that lenders must verify the borrower’s ability to repay before approving a mortgage.