No Ratio loans do not require income to be stated on the application
nor is it verified. The No Ratio loan does not take into consideration
your debt-to-income ratios. No ratio loans are ideal loans for those
who can verify employment for 2 years in the same industry (ideally
the same or similar job), but do not want to verify income. You
can get up to 100% financing with no ratio loans depending
on your credit.
- Paperwork is minimized - limited documentation
is required
- Employment is verified for the past 2 years (must be similar
line of work or same job for 2 years)
- Income is not stated nor verified
- Assets are verified
- 95% loan to value with loan amounts available
up to $500,000 - one loan PMI required
- 95% combined loan to value two loans (80/15) - PMI is not
required
- Loan amounts available up to $2,000,000
- Fixed rate loans available
- 5/1 or 3/1 Libor ARM loans available
- Available on a large variety of property
types
No
Income Verification Loans
No
Income No Asset Verification Mortgage - Stated Income Stated Asset
All Wisconsin and Illinois Mortgage Programs
100% Financing (No Money Down) Programs
First Time Home Buyer Mortgage Programs
My Community Mortgage
Government Loans including
FHA, VA
and
Rural Housing
Wisconsin Refinance Illinois Refinance Programs
Current Wisconsin and Illinois Mortgage Rates
About Ameristar
Mortgage
Apply
or Pre-qualify Online
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Ameristar Mortgage
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