I was pre-approved last summer for a great no-doc but now I need a new prog.

Asked by Giana, 91302 Wed Mar 5, 2008

I was pre-approved last summer for a great no-doc loan program but when I came up with the required 5% down, the program had disappeared. I know certain lenders still have these no-doc programs with a good APR and other don't. If anyone has any contacts or references, please let me know. I am looking to buy in Southern California.

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3
inna ivchenko, Agent, Calabasas, CA
Thu Nov 1, 2012
unfortunately, we don't hear any more about 'no doc' loans( mostly'' full doc'')
If you find out about a lender who offers 5% down, no docs, please let me know.

There is a new program we are offering: lease - to - buy or sellers' financing.
Can be a good solution for sellers and buyers these days.
If you have any questions about this program, I'd be happy to assist.
0 votes
ian cockburn, Agent, New Orleans, LA
Wed Mar 5, 2008
The 5% no doc went away a few weeks ago...nobody can offer that any more...new Fannie May rules...this has nothing to do with mortgage broker requirements.
Web Reference:  http://iansellsnola.com
0 votes
Tatum Realty, Agent, Elizabethtown, NC
Wed Mar 5, 2008
Giana,

We can refer you to a national lender and a great realtor in Southern California. Shoot me an email at jtatum@cbtatum.com and I will forward you info.

Thanks
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