QKmortgage.com is Approving Loans that Do Not Require Tax Return Docs
Qkmortgage.com now offers stated income loans to borrowers who do not wish to provide tax returns or proof of income.
<p><img class="alignnone size-full wp-image-1721" src="https://farooqgill.files.wordpress.com/2015/12/calgroup60.jpg" alt="calgroup60" width="314" height="235" /></p> <p>Los Angeles, California - Qkmortgage.com now offers stated income loans to borrowers who do not wish to provide tax returns or proof of income.&nbsp; Many self-employed borrowers can now qualify for a home loan based on savings for a purchase or equity for a refinance. Qkmortgage.com is committed to assisting borrowers who are looking for an alternative to conventional loans, in order to simplify the underwriting process.&nbsp; Qkmortgage.com stated loans do not require any form of income verification, making these loans ideal for any self-employed borrower who has low income reported on tax returns.</p> <p>Qualifying Requirements</p> <p>The requirements for the <strong><a href="http://qkmortgage.com/stated-income-home-loans/">stated income home loans</a></strong> is a minimum FICO credit score of 600, 30% equity for refinancing, 20-30% down payment for a purchase, and a loan amount in the range between $125,000 and $3,000,000. The property must not be owner-occupied to qualify for an investor loan. Stated loans are designed for investors with more than one home. Since the home rental market has increased tremendously, this loan is an excellent program for investors.</p> <p>As long as borrowers have 20-30% for a down payment, they will be approved for a stated purchase loan. The <strong><a href="http://qkmortgage.com/stated-income-home-loans/">no income verification mortgage</a></strong> offered by Qkmortgage.com has fewere underwriting requirement than traditional loans, making stated income loans a preferred program for self-employed borrowers who declare low income on their tax returns.</p> <p>Qualifying for a traditional loan is difficult for most self-employed borrowers. Before approving a loan for a self-employed, the underwriting factors that must be analyzed include: demand for services offered, location and type of business, stability of income, financial strength of business and the business&rsquo; ability to generate sufficient income for the borrower.</p> <p>Also, most traditional loans require two years of personal tax returns and IRS issued transcripts for the business as well as two years of federal tax return (which, in most cases never reflects the finances of the self-employed accurately).&nbsp; Many more income documents are required by traditional lenders to determine net income.</p> <p>With Qkmortgage.com, borrowers do not need to prove income for loan approval. For stated underwriting, bank statements are provided to determine the cash flow of the borrower making loan payments.</p> <p>Qkmortgage.com makes it quick and easy for a business owner or self-employed borrower to qualify for a stated home loan.&nbsp; To qualify for a <strong><a href="http://qkmortgage.com/stated-income-home-loans/">stated income mortgage</a></strong> , all that&rsquo;s needed is 30% equity or a 20-30% down payment with a minimum 600 credit score. Most stated loans are funded 30-60 days with fully underwritten approvals given in less than 72 hours. Borrowers can pre-qualify over the phone by calling:(818) 741-3640.</p> <p>Qualifying for self-employed mortgage is easy and quick with Qkmortgage.com.&nbsp; At Qkmortgage.com, <strong><a href="http://qkmortgage.com/stated-income-home-loans/">stated income mortgage lenders</a></strong> simplify the process for borrowers to get a loan.</p> <p>About QK Mortgage</p> <p>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 and assists borrowers to get approvals for high limit mortgage loans up to $2 million, without the need to submit income verification documents. With a minimum credit score of 600, individuals may now be eligible for a home loan.</p> <p>For Media Enquiry:<br />Contact Person: Darryl Bledsoe<br />Telephone:(818) 741-3640<br />Email: email@example.com<br />Website: <strong><a href="http://qkmortgage.com/">http://qkmortgage.com/</a></strong></p>