(Presseportal openBroadcast) - Los Angeles, California - The stated income loans program enables investors and homeowners to refinance or buy a house without the need of providing tax doc or to verify their income.
Requirement for Approval
As the economy continues to improve, houses have increased tremendously while many individual and families incomes stay the same. Since home become more expensive, loan limit become an issue and because of this reason many homeowners and investors cannot qualify to purchase or refinance a property.
With the no docs home loan program introduce in 2015, investors can now borrow up to 5 millions without the need of verifying their income. The stated income loans program does not depend on high credit score as a factor of approval, but instead it required a large down payment and the home must be rent out, non-owner occupy.
Investor must have 30% down payment to buy and 30% equity to refinance and a minimum FICO score of 600 to qualify for this loan program. Investors who can come up with 30% down payment should contact QKmortgage.com for a fast loan approval. However, investors can only purchase property that have 4 units max and the property must be non-owner occupy properties.
The premium feature for this stated mortgage loan is the hassle free of not requiring investors to verify their income. Investors do not need to show their income monthly statements, work history, or income tax to be approved for this loan program. The requirement for the loan approval is based on what investors declare and the cash to meet the down payment requirement.
Anyone who has been rejected by conventional loans, FHA Loans, or any loans that required 1 year of stable income or 2 years of stable income can contact Qkmortgage.com for a high loan limit home loan.
For more information about the no income verification home loan , visit http://qkmortgage.com
About QK Mortgage
QK Mortgage is part of Maxim Real Estate Group Inc., which is a CA BRE licensed Real Estate Broker. QK Mortgage specializes in stated income loans where borrowers can get quick loan approvals without a need to submit income verification documents. With a minimum credit score of 600, individuals can now be eligible for a home loan with an affordable interest rate payment.
For Media Enquiry:
Contact Person: Darryl Bledsoe
Telephone: (818) 741-3640
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