Unfortunately, our No Doc Jumbo Loan programs have been suspended. Please check back as this may change. We are sorry we aren’t able to help you, Funding for no doc loans are rare and can end abruptly. Wishing you the best in your search for a no doc jumbo mortgage.
August 28, 2010
No Doc Jumbo Loans – Announcement
October 20, 2009
Advantages and Disadvantages of Private Jumbo Financing
Private jumbo mortgages can be a great alternative to traditional jumbo mortgages. The advantages to a good no doc jumbo mortgage program is a) A lot less hassle to get, b) Virtually no documentation except for proof of the required deposit, and c) A non-invasive jumbo loan, d) None of those stringent debt ratios which could keep you from buying that dream home. The disadvantages are usually 1) A bit higher rate, and 2) Discount points. So it’s best to weigh the pluses and minuses before you apply.
October 1, 2009
Are Stated Income Jumbo Loans the same as a No Credit Check Jumbo Loans
A stated income jumbo loan is NOT the same as a no credit check jumbo loan. Usually, the difference is for a stated income mortgage loan, credit is not only checked to see if the borrower qualifies for the program but credit is THE main qualifier used. On no credit check jumbo loans, there is NO credit check at all. The primary qualifier is proof of the down payment. Also for our no doc mortgage program, there is no seasoning on the down payment required.
July 13, 2009
Announcing No Doc Jumbo Loans
Just wanted to quickly tell everyone about this private no doc jumbo mortgages program. It fills a huge void in the housing and mortgage market. It is a Truu No Doc (not even a credit pull) program for residential and commercial property loans nationwide for $500,000 and up. Check out this true no doc jumbo loans program on our home page.