Contact us for more info on No Income/No Asset loans
Also known as NINA, a no income/no assets loan is a type of mortgage product where income and assets are not used to qualify the borrower (although employment is verified). NINA loans fall into the Alt A classification and come with higher rates than your standard A-paper products.
If you can supply full documentation, have good credit and have enough equity or down payment, this loan may not be a fit for you...you could simply get a standard conventional loan. But, if you want a higher level of privacy or have challenged income or just looking for the simplest loan transaction, this could be the right loan.
Highlights of the program: