No Tax Returns? No Problem! How to Get a Mortgage or Home Loan Without Them
Do you want to secure a mortgage without tax returns?
You’re in the right place – we’ve helped hundreds of people just like you get a home loan without tax returns.
It’s not unusual for people to want to buy a home but don’t have the traditional income required by traditional lenders. This doesn’t mean that you can’t buy a home though!
The team at Right Trac Financial can help you get a loan without tax returns.
We have more than 40 years of experience helping people purchase homes, even if they don’t have the typical income verification. Contact us today to learn more about our no tax return mortgage program.
Mortgages Available without Tax Returns
Are you a home buyer or investor without enough “Traditional” income? You can still get a loan! Right Trac Financial Group, Inc. offers no tax return loans for home buyers and investors who don’t have the necessary documentation to verify their income the “traditional” way.
If you are employed in a non-traditional job or are self-employed, this program is perfect for you! You can use alternative documentation to verify your income, such as bank statements or asset depletion.
Our clients are buying single-family homes and up to 8 units without tax returns.
Many of these buyers are self-employed and don’t show enough income to qualify for conventional mortgages.
Benefits of a No Tax Return Loan:
- No tax returns required
- Fast and easy application process
- Alternative documentation accepted
- Available for both home buyers and investors
Can I get a mortgage without tax returns?
Although there are no guarantees, the short answer is yes. At Right Trac Financial, we can help you secure a no tax return mortgage. We understand that not everyone has the traditional income required by traditional lenders. Are you asking yourself questions like can I get a mortgage without 2 years tax returns? If the answer is yes, we are here to help!
We know that the home buying process can be confusing and overwhelming – even when you can nicely check all the boxes the big lenders want. It can get even more complicated when you don’t fit the box perfectly. But we are here to help you every step of the way!
Can you get a mortgage without tax returns – it is quite likely you can!
If you’re interested in learning more about no tax return home loans, contact us today! One of our experienced loan officers will be happy to answer any of your questions.
Getting a mortgage without tax returns
The process of getting a mortgage without tax returns is simple with the help of Right Trac Financial.
Just because you don’t have the traditional income required by big lenders doesn’t mean you can’t get a loan! There are two primary ways to get approved for a loan when you don’t have tax returns.
How to get a mortgage without tax returns
In order to get a home loan without tax returns, there are a few options available. One option is to use alternative documentation to verify your income, such as bank statements or asset depletion. Another option is to get a no tax return mortgage from a lender that specializes in these types of loans.
Investor Cash Flow (DSCR) mortgage
An Investor Cash Flow (DSCR) mortgage is a type of no-tax return mortgage that is available to investors and is based on the rental income from the property. Based on the projected income from the rental property, you can get a loan to cover the mortgage.
This type of loan does not require the borrower to provide income tax returns in order to qualify.
In most cases 20% down is required – as long as rent covers the mortgage payment, a mortgage is just about always possible.
Bank Statement Mortgages
Bank Statement Mortgages are another option to get a loan without tax returns. Bank Statement Mortgages are ideal for folks that are self-employed but don’t show enough income on tax returns. Instead of using your tax return to prove your income, you can use the money that flows through your bank account. Quite often, the money going through bank accounts is sufficient to qualify buyers/borrowers for a mortgage.
Which option is right for you depends on your unique situation. Helping you find the best option for you is what we are here for.
Let us help you get a loan.
Right Trac Financial is here to help you get a mortgage without tax returns! We have more than 40 years of experience helping people purchase homes, even if they don’t have the typical income verification. Contact us today to learn more about our no tax return mortgage program! We can help you secure a no tax return mortgage and make the home buying process easy and stress-free!
Give us a call today to get started!