QUESTION: I am on a fixed income and do not have to file taxes and I have not been able to qualify for a loan because of that even though I have good credit and lots of equity in my home. Help?January 16, 2019
QUESTION: I have had my loan for 7 years and I do not want to extend my loan term. Is there a way to refinance and still keep my term the same? Shorter term loans 20 or 15 years make the payments too high.January 16, 2019
Potentially so. There are programs that allow use of bank statements and or Profit and Loss statements for income verification. These programs are non-conventional and will be priced higher than normal loans and for the most part you may have to put more down or have more equity.
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