Real estate investors and home buyers are eagerly seeking an alternative income verification to acquire real estate in today’s market. Florida has been one of the most prevalent states for no doc loans for decades and especially in the last 10 years. Many out of state home buyers and real estate investors have been using no income verification loans to buy their vacation homes and retirement homes.
Most consumers arean’t aware that the Sunshine State Florida took over the number three spot for the most populated state in 2014 knocking out the empire state from the top 3. This is mostly due to snow birds, retires and investors.
Our clients love our no documentation loans because they can close within 14 – 21 days and often it’s a blank income application. To find out more information and what your rate and terms will be just click on the link below:
Port St. Lucie
West Palm Beach
Over the years borrowers have had some challenges of acquiring home ownership from tradition mortgage guidelines but we have a portfolio of programs to help many borrowers who fall outside the traditional guidelines and they have come from all walks of life such as:
At Loan Trust our programs for our no income verification requires less documentation and it closes much faster. We believe if a borrower has very good credit and a history of paying their bills on time and has demonstrated the ability to repay debts on time and has the ability to put the down payment towards the asset, then we believe they are a good applicant for due their credit profile without having to verify income in most cases.