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NO INCOME Reference Articles: Who is N.I.N.A. N.I.N.A. stands for No Income, No Assets, and is a great program for people who may not have cash reserves in the bank, and may have trouble fully documenting their income. http://www.brokeroutpost.com/reference/52086.htm (Updated: 06/27/2007) Related Reference Topics: [no income loans]
Self Employed Mortgage Loan A major problem with getting a self employed mortgage loan is documenting an applicant's income to the lender's satisfaction. Applicants with jobs can provide lenders with pay stubs, and lenders can v http://www.brokeroutpost.com/reference/126588.htm (Updated: 05/29/2007) Related Reference Topics: [self employed mortgage, no income mortgage]
Income Documentation NINA, also referred to as No Income No Asset, loans are mortgage loans in which No income and No assets are listed on your resdiential home loan application, also called a 1003. There will generally b http://www.brokeroutpost.com/reference/24127.htm (Updated: 05/28/2007) Related Reference Topics: [income, nina, sisa, siva, documentation]
Reduced Documention Loans There are many programs available that are for people who may not qualify for the standard full documentation required by many different lenders. Some of reduced documentation loans compensate for the http://www.brokeroutpost.com/reference/23618.htm (Updated: 05/26/2007) Related Reference Topics: [stated, no doc, no verification, no employment, ]
Documentation requirements for Mortgages Full Documentation: Both income and assets are disclosed and verified, and the income is used in determining the applicants ability to repay the mortgage. Stated Income - Verified Assets: Income is di http://www.brokeroutpost.com/reference/19328.htm (Updated: 05/16/2007)
California Mortgage Loans ( CA Mortgage ) There are many mortgage loan programs available in the state of California. Some of the more common loan programs available for refinance or purchase are:
- 100% Financing
- 80 20 No MI
- 115% C http://www.brokeroutpost.com/reference/71683.htm (Updated: 05/14/2007)
No Income Verification Mortgage Loans The "no Income Verification" mortgage feature is designed specifically for self-employed, non-salaried or commissioned borrowers as well as salaried borrowers. This feature eliminates the need to veri http://www.brokeroutpost.com/reference/123626.htm (Updated: 05/12/2007) Related Reference Topics: [no income mortgage, no doc mortgage, nica]
New York Mortgage Loans ( NY Mortgage ) There are many mortgage loan programs available in the state of New York. Some of the more common loan programs available for refinance or purchase are:
- 100% Financing
- 80 20 No MI
- 115% Cas http://www.brokeroutpost.com/reference/71695.htm (Updated: 04/13/2007)
NINA Loan A NINA (short for No Income, No Asset) loan is where the borrower does not have to disclose income or bank statements on the application. http://www.brokeroutpost.com/reference/59076.htm (Updated: 02/22/2007)
Home Loans for No Income No Job New programs have hit the market recently that allow someone to buy a home without having to verify employment or income. http://www.brokeroutpost.com/reference/34042.htm (Updated: 05/02/2006) Related Reference Topics: [no income, no employment]
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