No Doc Loans

No income verification. No asset verification. No employment verification.

Due to the current mortgage crisis, Primacy Mortgage no longer offers any type of no documentation, NINA, or no doc program.

Primacy Mortgage offers a number of mortgage options for our self-employed borrowers as well as borrower who have income which is difficult to verify. These no doc mortgages can greatly simplify the borrowing process with minimal impact to the interest rate obtained.

There are a number of possible reasons why a borrower wishes to obtain a no doc mortgage. Someone who is moving to a new city prior to finding employment, someone who is self employed who does not have a 2 year history of self employment, a W-2 employee who has recently become a commissioned employee and does not have an adequate history of commission income, etc.

Primacy mortgage offers a number of no doc loans for these types of situations. Please call a loan consultant to discuss available options.

 

No Documentation Mortgage

A no doc loan allows a good to excellent credit borrower qualify for a mortgage while providing no proof of employment and no asset nor income verification.