Thomas Martin Staff asked 4 years ago
The answer is NO for primary home purchase. No–doc mortgage lenders are not as easy to find as they once were, but you can still get a home loan if you’re self-employed or have a highly variable income by using your bank statements to verify your income. Ultimately, changes made in the realm of mortgage lending rules such as the Dodd-Frank which requires borrowers to prove the Ability-to-Repay rule were necessary to not only protect investors but also mortgage applicants
