Sam, Home Buyer in 21093

Is there any no income verification loans out in md?

Asked by Sam, 21093 Fri Jun 26, 2009

Is there any no income verification loans out in maryland? 30% downpayment and 720 credit score. And about how long does it take to get a loan( with contract and everything else ready)?

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4
Darren Ahearn, Agent, Frederick, MD
Sat Jan 1, 2011
Sam-- No Doc loans are gone forever !! They will just be a figment of our imagination- BUT I do know that it is always best to talk to a local lender in MD-- Remember the golden rule- if it sounds too good to be true then it probably is- good luck
Web Reference:  http://www.DarrenAhearn.com
0 votes
Gita Bantwal, Agent, Jamison, PA
Wed Dec 8, 2010
Talk to a mortgage broker. Also look into seller financing. There may be sellers who will be willing to help with financing as you have 30% for down payment.
0 votes
Daniel Casta…, Mortgage Broker Or Lender, Forest, VA
Tue Jun 30, 2009
Sovereign Bank might have something for you. Or a local bank or credit union.
0 votes
Marney Kirk, Agent, Towson, MD
Fri Jun 26, 2009
Sam, I do not believe there are any straight no income verification loans out there anymore, except with private investors.
The best thing to do would be to speak with a mortgage broker to find out what investors they may have who may consider taking that risk, because that is still a possibility, based on other information they would need provided to them.
If you would like a trusted mortgage broker's information, please let me know. I know a wonderful one who can tell you what may or may not be possible.
Thanks so much!
Sincerely,
Marney Kirk
Keller Williams Excellence Realty
Timonium, MD
Web Reference:  http://www.realtormarney.com
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