3.25% rate is an example of a fixed mortgage term that has 360 monthly payments. The sample is for a $250,000 loan with a payment monthly of $1,088.02. The APR is 3.47% and there is $1395 due for loan fees at closing.
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. The "self employed mortgage" reduces stress on eligible borrowers by requiring less paperwork thus ensuring a more efficient loan process for the customer.
The Mortgage Loan Outlet created an online marketplace so self-employed borrowers like you could get financing easier. We offer low rates to small business owners 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 submission for subprime mortgages.
Shop the Best Rate on Fixed Mortgage Loans for Self-Employed
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.
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
More No Income Loans for Self Employed
Self-Employed Mortgage Loans – Stated Income
Reduced Documentation Equity Loans
Home Equity Loans - Lock into an 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
Our Mortgage network guarantees rates for neg-am loans for refinance or purchase loan amounts up to $1,800,000. * Stated Income Home Loans
Second Mortgage Loans - refinance adjustable rate HELOC or consolidate bills with a low fixed interest rates. * Limited Documentation 2nd Mortgages