STOCKTON CA NO TAX RETURN CALIFORNIA MORTGAGE LENDERS

NO TAX RETURN Stockton California MORTGAGE LENDERS

10% DOWN+No Tax Returns INCOME Stockton California MORTGAGE LENDERS!
No Tax Returns Stockton California MORTGAGE LENDERS- No Tax Returns Stockton California HOME LOANS
Now Only 10% Down Owner Occ. using No TAX RETURNS  with a 660 Credit Score!

Calornia Self Employed Mortgage Lenders Program Details

  • No tax returns required
  • 12 month personal or business No Tax Returnss
  • 24 month business No Tax Returnss
  • Loans up to $3 million
  • Credit scores down to 580
  • Up to 90% LTV on Personal and Business with no MI
  • DTI up to 50% considered
  • Owner-occupied, 2nd homes and investment properties 
  • 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Non-warrantable condos considered
  • Jumbo loans down to 600 score
  • 5/1 ARM or 30-year fixed
  • No pre-payment penalty for owner-occ and 2nd homes
  • Seller concessions to 6% (2% for investment)
  • 2 year self-employed required

  1. No Tax Returns Lenders Worksheet
  2. No Tax Returns Lenders 24 Month Profit and Loss Statement Request
  3. NO TAX RETURNS NEEDED!!!

JUMBO No Tax Returns – No Tax Returns MORTGAGE LENDERS UP TO 5 MILLION

Stockton California No Tax Returns HOME LOANS- BASED ON No Tax ReturnsS

  • The borrower must be Self Employed Minimum 2 years!
  • Personal or Business Statement Accepted 
  • 50% MAXIMUM DTI  FOR No Tax returns
  • 24 months to qualify / Mortgage Late Payments, Short Sales, BK = OK!!
  • Bank statement lenders minimum 580 FICO!

25% DOWN No Tax Returns Stockton California INVESTOR LOANS!

No Tax Returns INCOME Stockton California MORTGAGE PROGRAMS
Stockton California mortgage lenders offer three No Tax Returns Documentation Programs:

1.Full Documentation (“Full Doc”)

2. Alternative Income (“Alt Doc No Tax Returnss”) for Owner Occupied properties

3.Alternative Documentation (“Alt-Doc Cash Flow”) for Non-Owner Occupied or Second Home properties and Business Loan requests.

The below information is a summary of minimum Stockton California No Tax Returns loan documentation requirements for each Income Documentation Program. For additional documentation requirements, refer to the Income Doc Charts in this section of the Guide.

-ALTERNATIVE DOCUMENTATION / No Tax Rreturns No Tax Returns INCOME Stockton California MORTGAGE LENDERS 

Self-employed ONLY
(Must be able to verify self-employment income)

1. Last twenty-four (24) months personal or business No Tax Returns with all pages required for all months.
2. No Tax Returns Stockton California Borrower Income is determined by using the gross monthly amount of deposits with a deduction of any itemized debts or other expenses that are verified by a tri-bureau merged credit report.
3. Max six (6) NSF checks in the last twelve (12) months.
4. Acceptable documentation supporting the existence of the business for the most recent two (2) years must be obtained. (Refer to the Acceptable Evidence of Self-employed Business).
Stockton California NO TAX RETURNS FULL DOC / WAGE EARNER
1. VOE completed in full by employer verifying most recent two (2) years (Verbal verification of VOE required) and current year-to-date earnings on a current pay stub OR
2. W-2 for most recent two (2) years & current pay stub reflecting year-to-date earnings OR
3. Signed 1040’s for most recent two (2) years & current pay stub reflecting year-to-date earnings
Fixed & Other Sources
Current award/retirement letter; AND
Copy of the most recent No Tax Returns showing automatic deposit (deposit must specifically reference the source of the deposit); OR
1099 for most recent year
Self-employed
Acceptable documentation supporting the existence of the business (“Refer to the Acceptable Evidence of Self-employed Business”)AND
Verification of income covering the most recent two (2) years and year-to-date earnings with signed 1040’s as well as other    applicable supporting documentation (i.e. 1120’s, K-1s etc.)
100% Commission / Bonus
Verbal VOE, to confirm borrower’s employment and commission/bonus AND
Signed 1040’s for most recent two (2) years with current pay stub reflecting year-to-date earnings (if not pay stub no applicable, obtain No Tax Returns covering year-to-date)
Salaried + > 25% Commission / Bonus
· Signed 1040’s for most recent two (2) years AND current pay stub reflecting year-to-date earnings (pay stub must reflect salaried wage + commission/bonus)
Stockton California POPULAR SELF EMPLOYED MORTGAGE PAGES

10% DOWN SELF EMPLOYED No Tax Returns ONLY Stockton California MORTGAGE LENDERS
12-24 MONTH Stockton California No Tax Returns MORTGAGE LENDERS
10%DOWN+LOS ANGELES Stockton California SELF EMPLOYED MORTGAGE LENDERS
10% DOWN SELF EMPLOYED SAN DIEGO CA No Tax Returns MORTGAGE LENDERS
10%DOWN+SAN JOSE Stockton California SELF EMPLOYED MORTGAGE LENDERS
10%DOWN+SAN FRANCISCO CA SELF EMPLOYED MORTGAGE LENDERS

If you are self-employed No Tax Returns Stockton California home loan applicant, you already know the benefits that come with making your own decisions and never having to report to a boss. However, there are some disadvantages to generating your own self-employed income when it comes to applying for a No Tax Returns Stockton California home loan.

-No Tax Returns Stockton California MORTGAGE LOANS EXPLAINED

“There are two main problems that self-employed Stockton California borrowers face when qualifying for a Stockton California mortgage,” “First, you need to prove their income with tax returns rather than using a ‘No Tax Returns income’ loan. Second, the recent housing recession has caused declining income for many self-employed business owners. Even if their income has stabilized, the No Tax Returns Stockton California home loan will be based on the average of your last two years of tax returns, which could show reduced income.”

No Tax Returns income Stockton California home loans were originally designed for self-employed people but were abused by too many Stockton California business owners that were buying homes they could not afford.

“No Tax Returns Stockton California income loans are starting to make a small comeback on the secondary market, but only for Stockton California Mortgage applicants with good credit scores of at least 640 or above, a down payment of 25 percent of the sales price or more and at least six months of future cash payment reserves to cover all monthly obligations.

“In the mid-1990s we Stockton California No Tax Returns lenders started using No Tax Returnss to show cash flow for self-employed people and was a good way to get a lot of Stockton California homebuyers approved for No Tax Returns Stockton California home loans.

– STOCKTON CALIFORNIA SELF EMPLOYED BORROWERS INCOME AND TAXES

Self-employed No Tax Returns Stockton California mortgage applicants must complete Internal Revenue Service Form 4506-T, which allows No Tax Returns Stockton California mortgage lenders to request tax transcripts. Stockton California No Tax Returns mortgage lenders are required to wait until the tax returns have been recorded by the IRS and must receive them directly from the IRS to verify legitimate returns.

Many self-employed individuals report expenses on their taxes in order to reduce their tax liability, but this can backfire when they apply for a mortgage.

“Self-employed No Tax Returns Stockton California mortgage applicants people typically report their gross income minus expenses to generate a net income,”. “For tax purposes, it may be beneficial to have net income as low as possible, but the net income is the number used for income qualification.”

For example, a Stockton California business owner that claims $100,000 in income and $80,000 in expenses will find it nearly impossible to qualify for a traditional Stockton California mortgage. At this point, a self-employed Stockton California homebuyer has no other option but to apply using a No Tax Returns Stockton California mortgage lender.

NO TAX RETURNS NEEDED! QUALIFY USING BANK STATEMENT ONLY
Self-Employed Mortgage Lenders Program Highlights Summary

    • 10% Down with a 660 & 15% Down with a 600 Score!
    • No tax returns Needed! Proof of 2 years self-employed!
    • Owner-occupied, 2nd homes and investment properties.
    • Loan Amounts From $150,000 to $3,000,000.
    • 12 months personal or 24 months business bank statements
    • Debt to income up to 50% considered.
    • Choose either a 5/1 and 7/1 ARM’S and/or 30-year fixed.
    • No prepayment penalty for owner-occ and 2nd homes
    • Seller paid closing cost allowed up to  6%. 
    • Business Bank Statment Expense Ratio Options Include:

4 Different Options For using Business Bank Statement Only!

1) 3 MONTH BUSINESS STATEMENTS (24 Mo. Tax Preparer P&L)
2) BORROWER PREPARED P&L (24 Mo. Business Statements)
3) 24 MONTH BUSINESS STATEMENTS (Tax Preparer Expense Letter)
3) 24 MONTH BUSINESS STATEMENTS (50% Of gross income used No questions asked)

Cities Around Stockton, CA Bank Statement Mortgage Lenders
Acampo, CA Bank Statement Mortgage Lenders 
Antioch, CA Bank Statement Mortgage Lenders
Bethel Island, CA Bank Statement Mortgage Lenders
Birds Landing, CA Bank Statement Mortgage Lenders
Brentwood, CA Bank Statement Mortgage Lenders
Burson, CA Bank Statement Mortgage Lenders
Byron, CA Bank Statement Mortgage Lenders
Campo Seco, CA Bank Statement Mortgage Lenders
Castro Valley, CA Bank Statement Mortgage Lenders
Ceres, CA Bank Statement Mortgage Lenders
Clarksburg, CA Bank Statement Mortgage Lenders
Clayton, CA Bank Statement Mortgage Lenders
Clements, CA Bank Statement Mortgage Lenders
Concord, CA Bank Statement Mortgage Lenders
Courtland, CA Bank Statement Mortgage Lenders
Danville, CA Bank Statement Mortgage Lenders
Diablo, CA Bank Statement Mortgage Lenders
Discovery Bay, CA Bank Statement Mortgage Lenders
Dixon, CA Bank Statement Mortgage Lenders
Dublin, CA Bank Statement Mortgage Lenders
Elk Grove, CA Bank Statement Mortgage Lenders
Elmira, CA Bank Statement Mortgage Lenders
Empire, CA Bank Statement Mortgage Lenders
Escalon, CA Bank Statement Mortgage Lenders
Farmington, CA Bank Statement Mortgage Lenders
Fremont, CA Bank Statement Mortgage Lenders
French Camp, CA Bank Statement Mortgage Lenders
Galt, CA Bank Statement Mortgage Lenders
Herald, CA Bank Statement Mortgage Lenders
Holt, CA Bank Statement Mortgage Lenders
Hood, CA Bank Statement Mortgage Lenders
Hughson, CA Bank Statement Mortgage Lenders
Ione, CA Bank Statement Mortgage Lenders
Isleton, CA Bank Statement Mortgage Lenders
Keyes, CA Bank Statement Mortgage Lenders
Knightsen, CA Bank Statement Mortgage Lenders
Lathrop, CA Bank Statement Mortgage Lenders
Linden, CA Bank Statement Mortgage Lenders
Livermore, CA Bank Statement Mortgage Lenders
Lockeford, CA Bank Statement Mortgage Lenders
Lodi, CA Bank Statement Mortgage Lenders
Manteca, CA Bank Statement Mortgage Lenders
Modesto, CA Bank Statement Mortgage Lenders
Oakley, CA Bank Statement Mortgage Lenders
Patterson, CA Bank Statement Mortgage Lenders
Pittsburg, CA Bank Statement Mortgage Lenders
Pleasanton, CA Bank Statement Mortgage Lenders
Rio Vista, CA Bank Statement Mortgage Lenders
Ripon, CA Bank Statement Mortgage Lenders
Riverbank, CA Bank Statement Mortgage Lenders
Ryde, CA Bank Statement Mortgage Lenders
Salida, CA Bank Statement Mortgage Lenders
San Ramon, CA Bank Statement Mortgage Lenders
Suisun City, CA Bank Statement Mortgage Lenders
Sunol, CA Bank Statement Mortgage Lenders
Thornton, CA Bank Statement Mortgage Lenders
Tracy, CA Bank Statement Mortgage Lenders
Travis AFB, CA Bank Statement Mortgage Lenders
Turlock, CA Bank Statement Mortgage Lenders
Vacaville, CA Bank Statement Mortgage Lenders
Valley Springs, CA Bank Statement Mortgage Lenders
Vernalis, CA Bank Statement Mortgage Lenders
Victor, CA Bank Statement Mortgage Lenders
Wallace, CA Bank Statement Mortgage Lenders
Walnut Grove, CA Bank Statement Mortgage Lenders
Westley, CA Bank Statement Mortgage Lenders
Wilton, CA Bank Statement Mortgage Lenders
Woodbridge, CA Bank Statement Mortgage LendersStockton, CA Bank Statement Mortgage Lenders Covers 20 Stockton Area Mortgage Lenders zip Codess
Stockton Area Mortgage Lenders zip Codes Type County Population Area Code(s)
Stockton Area Mortgage Lenders zip Codes 95201 P.O. Box San Joaquin 0 209
Stockton Area Mortgage Lenders zip Codes 95202 Standard San Joaquin 6,521 209
Stockton Area Mortgage Lenders zip Codes 95203 Standard San Joaquin 15,696 209
Stockton Area Mortgage Lenders zip Codes 95204 Standard San Joaquin 27,786 209
Stockton Area Mortgage Lenders zip Codes 95205 Standard San Joaquin 38,069 209
Stockton Area Mortgage Lenders zip Codes 95206 Standard San Joaquin 65,004 209
Stockton Area Mortgage Lenders zip Codes 95207 Standard San Joaquin 47,965 209
Stockton Area Mortgage Lenders zip Codes 95208 P.O. Box San Joaquin 0 209
Stockton Area Mortgage Lenders zip Codes 95209 Standard San Joaquin 39,488 209
Stockton Area Mortgage Lenders zip Codes 95210 Standard San Joaquin 39,009 209
Stockton Area Mortgage Lenders zip Codes 95211 Unique San Joaquin 1,545 209
Stockton Area Mortgage Lenders zip Codes 95212 Standard San Joaquin 25,239 209
Stockton Area Mortgage Lenders zip Codes 95213 P.O. Box San Joaquin 0 209
Stockton Area Mortgage Lenders zip Codes 95214 Unique San Joaquin 0 209
Stockton Area Mortgage Lenders zip Codes 95215 Standard San Joaquin 23,224 209
Stockton Area Mortgage Lenders zip Codes 95219 Standard San Joaquin 27,884 209
Stockton Area Mortgage Lenders zip Codes 95267 P.O. Box San Joaquin 0 209
Stockton Area Mortgage Lenders zip Codes 95269 P.O. Box San Joaquin 0 209
Stockton Area Mortgage Lenders zip Codes 95296 Unique San Joaquin 0 209
Stockton Area Mortgage Lenders zip Codes 95297 Unique San Joaquin 0 209

FHA Mortgage Lenders By State: 
Florida   Texas  Georgia  Alabama   California  

Latest pages

Serving These Fine Texas Cities

About Us

We are US Mortgage Lenders. Major real estate brokerages regularly entrust their clients to our team due to our reputation for transparency, delivering on time, customer satisfaction and loyalty. With five-star customer reviews on Zillow.com and counting, you’re assured of having the backing of an experienced team.

Show Buttons
Hide Buttons