True No Doc Loans

Low Rates Easy To Qualify

A mortgage loan that requires no supporting documentation to complete during application. The borrower does not need to disclose assets or income; however, the interest rate associated with the loan is typically higher than full or reduced documentation loans.

The no documentation mortgage (No Doc) has no supporting evidence of a borrower's income. Instead, the loan realizes based on a declaration confirming the borrower can afford the loan payments.