No Income Verification Loan For Florida Investors
Due to current market conditions, this program has been temporarily suspended.
Our no Income verification loan allows borrowers to qualify based on the rental income analysis to determine the property’s cash flow. No personal income required to qualify. This saves you from submitting complicated income statements and tax returns.
What are the Requirements for Getting a No Income Verification Loan?
- 2 Year Waiting Period for Foreclosures, Short-Sale, Bankruptcy, or deed-in-lieu.
- Credit Scores down to 620.
- Up to 70% LTV.
- No DTI Restrictions.
- 1-4 Units and Condos.
- No limit on the number of properties financed.
- Loans up to $1.5 million.
- Seller Concessions to 2%.
- 5/1, 7/1, 10/1 ARMs or 30 Year Fixed.
- Interest Only Options Available.
Key Highlights of our No Income Verification Investor Loan
- No personal income used to qualify
- As little as 20% down and 2 months reserves (verified)
- Qualification based on property cash flow – OR –
- We also have a product that does not look at cash flow. Reduced loan to values are available
Eddie and the First Florida Financial team were nothing short of outstanding! This was, by far, the most straightforward, professional mortgage loan process we have ever experienced. Eddie has an…read more →
Comparing Current Florida Mortgage Rates
Finding the lowest Florida mortgage rate is very important, that’s why we’ve already searched them for you, getting the lowest interest rate possible could save you hundreds of dollars a year and thousands of dollars over the life of your loan. Yes, having us find you the best interest rate is a big deal.
Current Florida Mortgage Rates
Why Should You Choose Us For Your No Income Verification Loan?
We work for You & Not the Bank. When working with us, your not “stuck” with ONE bank’s restrictive set of underwriting guidelines, which can put caps on your debt to income ratio or require a lot of mortgage reserves! We always seek out the best lender to suit your specific situation and find lenders with the Best Mortgage Rates! Oh, Ya we don’t keep bankers hours we always answer your phone calls and text messages in the evening and on the weekends…. because we don’t get paid a salary…. we only get paid when your loan closes and most of the time we get paid by the lender and not by you!
We offer the Best Mortgage Rates!
Our “Outside The Box Thinking” gets home no income verification loans approved and closed every day through a variety of unique loan products! One-Year Tax Returns, Cross Collateralizing Properties, Assets as Income, Bank Statement as Income, and No Income Verification Investment Loans. Along with our years of experience and understanding tax returns, knowing what expenses to add back in and how to stretch your funds to pay off debts to reduce your DTI. If necessary, we can try to increase your credit score, then do a rapid credit re-score.
Get Pre-Qualified Fast, see you’re credit scores immediately, and close in 30 days or less with our E Zip Mortgage! It’s all online, reduces paperwork, and provides you with a secure, collaborative document upload portal that regularly notifies you via text messaging & emails with all loan updates. Get Started Now!
Our Professional and Experianced Team of Loan Officers are ready to help you.