---

i want to buy first time, but can you get no doc mortgage?

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
attom Joined: 19 Apr 2009 Posts: 1 1.34 Dollars($)	Posted: Sun Apr 19, 2009 11:20 am    Post subject: i want to buy first time, but can you get no doc mortgage? Like 0 Dislike 0 i have a problem , can you help? i am first time buyer, and freelance self employed. my tax returns dont show a lot so i would have got a no doc loan, now i guess they dont give them? i have great credit score around 720 but only have $20,000 to put down i live in manhattan ny .. is there any hope for me?
jenkin7 Joined: 04 Jun 2007 Posts: 4537 Location: Hawaii 728.43 Dollars($)	Posted: Mon Apr 20, 2009 12:36 am    Post subject: Like 0 Dislike 0 Hi attom, Getting a no doc loan under present market scenario is a bit difficult. But your credit score of 720 is good. I think you can go for a no-obligation free consultation with the lenders in this community and see if any of them can provide you with a no doc loan program.
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Mon Apr 20, 2009 7:24 am    Post subject: Like 0 Dislike 0 you'll find that most, if not all, no documentation loans are going to require that you have at least 25% down payment, and even more typically, 30%. it may mean that you've got to wait. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0