Archive for the ‘no income verification loans’ Category

Are Banks Still Doing No Income Verification Jumbo Loans

Thursday, October 15th, 2009

In short, No. When the mortgage and housing market collapsed, banks and the big mortgage companies (those still standing) completely eliminated no income verification mortgages and in particular no income verification jumbo loans. The only place to get such a loan is either through seller financing (sellers rarely verify income) or through private jumbo financing such as our programs.