ALT-DOC LOANS – ASSETS IN LIEU OF INCOME
LENDERLINE is currently offering alternative documentation real estate loans which use liquid assets to qualify, including checking, savings, stocks, bonds, mutual funds, and investment accounts.
Loan Features
- Most recent 2 months’ bank statements used to document assets.
- Eligible assets include checking, savings, stocks, bonds, mutual funds, and investment accounts.
- No tax returns.
- No 4506-T.
- No income documentation.
- Primary residence, second home, and investment properties.
- Single family residence, planned unit development, condo, townhouse, 2-4 units, multifamily apartments, retail, office, restaurant, health care, hospitality, warehouse, manufacturing, distribution, and specialty properties.
- 30-year fixed-rate and adjustable-rate mortgages available.
- Purchase, rate & term refinance, and cash-out refinance.
- Interest-only payment options available.
- Get pre-approved in as little as 15 minutes.
