Common sense underwriting
No Income Verification
A program built for underserved and underbanked borrowers - qualify without providing income documentation or a debt-to-income calculation.
This program takes a common-sense approach to underwriting, built especially for borrowers who don’t fit the standard mold - whether due to limited credit history, a thin income-documentation trail, or simply being underbanked. Instead of requiring pay stubs, tax returns, or a calculated debt-to-income ratio, approval is based on a broader picture: your credit history and character, the collateral (the home itself), your down payment or equity contribution, and the overall terms of the loan.
It’s available for purchase, rate-and-term refinance, and cash-out refinance, with no prepayment penalty and no balloon payment - a straightforward 30-year fixed loan. A minimum credit score and a modest history of on-time payments are required, along with a completed homebuyer education course.
This is a specialty program with its own eligibility requirements around credit, reserves, and property type. We’ll walk you through whether it’s the right fit if traditional income documentation doesn’t tell your full financial story.
Who this program is built for
- Self-employed borrowers and gig workers whose income doesn’t show well on paper
- Cash-based workers and small business owners
- Borrowers who are new to the U.S. banking system or have a thin credit file
- Anyone whose real ability to pay isn’t captured by pay stubs and tax returns
What we’ll ask for instead
- Your credit report and payment history
- Your down payment, or equity if you’re refinancing
- Information about the property, including an appraisal
- Proof of reserves, if the program requires them
- A completed homebuyer education course
Is it the right choice?
Because it’s a specialty program, pricing and down payment requirements differ from a conventional or FHA loan. If you can document your income another way, such as with bank statements, a different program may cost less. We’ll compare the options and give you a straight answer.
Common questions
Is this a legitimate loan?
Yes. It’s a 30-year fixed loan with no prepayment penalty and no balloon payment, and it’s underwritten to the program’s guidelines.
Can I use it to refinance?
Yes, for rate-and-term and cash-out refinances.
What credit do I need?
There’s a minimum score and a history of on-time payments. We’ll review your credit and tell you where you stand.
Doesn’t fit the usual mold? Call us at 303-931-3239, or get prequalified online.