No-Doc Loans

A no-doc or no-documentation loan requires little or no income or asset verification by the borrower. Those who do not want to reveal their financial information use it. Because the loan is made on your word as the buyer, you must have excellent credit to qualify for this type of program. You will also likely have to make a substantial down payment (often more than 20 percent) and you will typically be charged a higher interest rate to offset the risk in this type of the no-documentation mortgage product. Give Manhattan Mortgage Nationwide, a Licensed Florida Mortgage Lender, and Concept Group, a registered New York Mortgage Broker (Concept Group I/L/O/T/N Manhattan Mortgage Corporation), a call today and let us assist you in finding the right funding source for your No Documentation mortgage loan.