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These home loans starting at 1% are very popular with for self-employed borrowers.
Neg Am Mortgage Loans
1.25% start rate loan – Great for borrowers with cash flow concerns and seasonal contract workers.
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Self Employed Mortgage Loans

If you have difficulty documenting your income because you are self-employed, take a look at a no income loan options for qualified applicants. Mortgage Loan Outlet created an online marketplace so self-employed borrowers like you could get financing easier. We offer low rates to self-employed and independent contractors for stated income refinance loans, second mortgages and home equity loans. If you own your own business, or you are a 1099 contracted worker, then stated income loans will likely appeal to your financing needs. If you do not want to document your income, or you would prefer to supply the lending underwriter bank statements rather than pay-stubs, then a reduced doc feature would benefit your mortgage loan submission. Getting a no income mortgage makes a lot of sense if you are self-employed or if you tax returns are more complex because of multiple revenue streams.

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No Income Loan Options for Refinancing and Home Purchase

Our mortgage lenders and brokers guarantee fixed rates starting at 4.75% for refinance or purchase loan amounts up to $1,800,000. With loan programs for all types of credit you can't afford not visiting the website of the Mortgage Loan Outlet.

MLO also offers no cost refinancing and no point loans to borrowers who meet the qualifying requirements.  Many self-employed borrowers have high credit scores, so no cost refinancing could be a great opportunity to save even more money.

You can refinance at today's low rates, consolidate high interest credit card bills, make home improvements, & take out some extra cash, as well.

  • Stated Income Home Loan
  • No Income Verification
  • No Money Mortgage
Self-Employed Mortgage Loans – Stated Income
Reduced Documentation Equity Loans
Our Mortgage network guarantees rates for neg am loans starting at 1% for refinance or purchase loan amounts up to $1,800,000.
* Stated Income Home Loans
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

Fixed Rate Mortgage Refinance
Fixed interest rates for the life of the loan.
Terms offered: 15,20, 30, 40 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

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We anticipate more low rates for 2012, but why wait with 30-year mortgages averaging 4%, you will likely lower your monthly payment drastically.

If you need to make some home repairs but already have a great 1st mortgage, consider or 2nd mortgage solutions that provide quick cash without refinancing your current 1st mortgage.

"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)

Bankruptcy or Foreclosure - Even if you've had a bankruptcy, or foreclosure in the past, we will do our best to get you qualified for a debt consolidation loan.

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