The California No Income Verification Loan from Pacific Home Loans offers the ease of underwriting of a Hard (Private) Money loan but without the high rates, points, and short terms. Rather than traditional underwriting, this loan offers the same underwriting guidelines as a Hard Money loan: qualification is determined by the borrower’s credit, the value of the subject property, and the borrower’s reserves.
Hard Money loans are usually limited to a one-year term with the possibility of a 6-month extension. You now have another option with Pacific Home Loans’s Investor – California No Income Verification Loan.
Features of the No Income Verification loan include:
3/1, 5/1, and 7/1 ARM
15- and 30-year Fixed
Interest Only Loans available for all ARMs and 30-year Fixed
Loan amounts from $250,000 to $3,000,000
Minimum FICO score 620
This program is available to investors only—not for Primary or Second Homes.
If you think your financial situation makes sense for qualifying for a loan, we have Common Sense Underwriting. Contact Pacific Home Loans – Email us today or call Toll Free 866-389-2778 or Local (949) 494-4861.
Or if you’re ready to get started, click here to begin your loan application right away.