Financing in Fullerton>Question Details

Klcdesignand…, Home Buyer in Fullerton, CA

any lenders that offer a refi with no income verification?

Asked by Klcdesignandbuildgc, Fullerton, CA Fri Sep 13, 2013

Help the community by answering this question:



FHA Streamline does not require income verification. If you currently have a FHA loan we can streamline it with not appraisal or income verification. It takes less than 10 days.

I can be reached direct @ (949) 212-4578

Best of luck!

Grant Fawcett
Mortgage Banker
Castle & Cooke Mortgage
Ph: (949) 212-4578
NMLS: 832635
1 vote Thank Flag Link Fri Sep 13, 2013

Aren't "1 year tax returns" and "1 year deposits for self employed" some forms of income verification?
1 vote Thank Flag Link Fri Sep 13, 2013
Ok - I re-read your question. It depends on your borrower. Many self - employed people have income that does not qualify due to deductions - if KLC Design in Fullerton owns his own business but is being declined due to income - it may be an issue of net income that is causing the declines.
Flag Fri Sep 13, 2013

No they are different programs. 1 year tax returns are net income for the self employed. 1 year deposits are gross receipts for same - no deductions for expenses.
Flag Fri Sep 13, 2013
Three programs that would work:

49.9% Loan to Value
1 year tax returns for self employed
1 year deposits for self employed.

Mario Pinedo, CCIM
CS Financial
DRE Broker 01118365
NMLS 1029116
1 vote Thank Flag Link Fri Sep 13, 2013
Mario Pinedo,…, Real Estate Pro in Beverly Hills, CA
Not us, even on our private money lending programs (hard Money) we still need to verify SOME income. We are very generous with our debt-to-income ratio requirements but we still need to see income.
1 vote Thank Flag Link Fri Sep 13, 2013
There are lenders out there, like myself, that can do alternative document loans. In this case, lenders like myself would not ask for tax returns, but instead a CPA letter. This is something you should definitely consider. If you have any other questions or if you would like a loan, feel free to contact me. Good Luck! Brian Nguyen Sr. Mortgage Banker NMLS # 659743 Phone: 949.667.2887
0 votes Thank Flag Link Wed Feb 19, 2014
FHA Streamline doesn't require income or credit verification.. If it;s not an FHA loan if the refi will save you at least 15% per month then certain lenders can work with you. I'd love to refer you to one of my mortgage contacts.
0 votes Thank Flag Link Sun Sep 29, 2013
There are some sources for this but they have mostly been phased out.

Why can't you document your income?
0 votes Thank Flag Link Fri Sep 20, 2013
Yes, there is with 80% of Down Payment.
0 votes Thank Flag Link Fri Sep 13, 2013
yes there is with 20% Down Payment.
0 votes Thank Flag Link Fri Sep 13, 2013
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