No-Income Verification Mortgage: What Is It, And Can You Still Get One?
If you're self-employed, a freelancer, or a real estate investor, getting a traditional mortgage can be a task because lenders usually require W-2s, pay stubs, and tax returns to verify income, which doesn’t always work for people with irregular earnings. A no-income verification mortgage is a loan option that lets you qualify without showing traditional income documents. Instead, lenders look at bank statements, investment accounts, or other assets to approve your loan.