Qualifying for self-employed home loans has become more challenging for borrowers across the country. Mortgage Lenders announced discounted interest rates to self employed contractors seeking stated income, no doc and no income verification home equity loans and 2nd mortgage refinancing online. Mortgage Loan Outlet continues to be considered a dynamic mortgage marketplace online with new home equity loan products to be introduced that will maintain wholesale mortgage rates for qualified borrowers seeking financing through the internet. If you own your own business, or you are a 1099 contracted worker, then stated income loans will likely appeal to your cash out refinancing needs. If you do not want to document your income, or you would prefer to supply the underwriter bank statements instead of pay-stubs, then a limited doc feature would benefit your mortgage loan submission. Sometimes, no income mortgage and no doc loans may require higher credit scores or additional equity.
Our home equity lenders and brokers guarantee prime rates for fixed rate equity loans and home equity lines of credit. We offer stated income 2nd mortgage loan programs for all types of credit, so you can't afford not visiting the Mortgage Loan Outlet.com.
Cash in with today's low rates for consolidate high interest credit card bills, make home improvements, & take out some extra cash, as well.
Stated Income Home Equity Loans
No Income Verification 2nd Mortgages
No Income –No Asset Loans
Mortgage Loan Outlet provides 100% Home Equity Financing
Fixed Rate Mortgage Refinance Fixed interest rates for the life of the loan. Terms offered: 15,20, 30, 40 and 50 Year Fixed
Adjustable Rate Refinance These are adjustable interest loans vary according to the margin and index.
Terms offered: 2/28, 3/1, 5/1, 7/1, 10/1 Available Index: LIBOR, MTA, COFI, CODI, COSI
Negative Amortization Loans These are unique loans that offer 3 payment options: Fixed, Interest Only or Neg Am
Terms offered: 30 or 40 years Available Index: LIBOR, MTA, COFI, CODI, COSI
Interest Only Mortgage These are adjustable or fixed loans that allow you to make a payment that just covers the interest each month. Terms offered: 2/28, 3/1, 5/1, 7/1, 10/1
Second Mortgage Fixed interest rates for the life of the loan. Terms offered: 15,20, 25, 30, Year Fixed or Home Equity Line of Credit
Jumbo Home Loans
For Large mortgage loans that exceed $417,000. We offer jumbo mortgages to 3 million in most states. Fixed Terms: 15,20, 30, 40 and 50 Year
ARM Terms: 2/28, 3/1, 5/1, 7/1, 10/1
Self-Employed Home Equity Loans – Stated Income – Limited Documentation Required
Home Equity Loan Rates - Lock into a home equity loan, before the Fed raises the interest rates again. Get a fixed rate loan or variable credit lines with low payments of interest only due. * No income Programs with Verified or No Assets Options
Second Mortgage Loans - refinance adjustable rate HELOC or consolidate bills with a low fixed interest rates. * Limited Documentation 2nd Mortgages
Interest rates have fallen to record lows in 2010. Self-employed home loans may be more difficult to qualify for, but clearly rewarding for those borrowers that do meet the requirements.
"No Income Verified" Debt Relief Programs - Is your
income difficult to prove? We have debt
consolidation mortgage loans that do not require the standard income
documentation. (like W2's)