Groundbreaking Loan Program: No Doc, No Job, and No Debt-to-Income Ratio
Primary Residence and Second Home – Hawaii or California
No Tax Returns Needed to Qualify
At Pacific Home loans, we make ownership of a Principal Residence or Second Home possible with a new loan program that doesn’t require income, employment, or Debt-to-Income (DTI) to qualify.
*These products may have a higher interest rate, more points or more fees than other products requiring documentation.
Program Highlights:
- Available in Hawaii or California
- Primary Residence or Second Homes
- Credit Underwritten Based on LTV, FICO, and Liquidity
- Minimum FICO = 640
- Purchases: minimum 20% down
- Refinances starting at 80% of the property value
- Loan amounts up to $3,000,000
- Income documentation not required
- Debt-to-Income (DTI) no applicable
- Asset seasoning: 30 Days
- Only first page of a bank statement required for typical portfolio loans
- 3 months’ reserves
Ideal For:
- Self-Employed or Small Business Owner
- Volatile or irregular income
- Retired
- Seasonal & gig workers
- Owners & employees of cash businesses
- Newly self-employed
- Transitioning from recent health, family, or other life events
- Recent immigration
- Disqualified income
- Real Estate investors
*These products may have a higher interest rate, more points or more fees than other products requiring documentation.
If you think your financial situation makes sense in qualifying for a loan, please contact Pacific Home Loans – email us today or call (808) 891-0415 (toll-free: 866-389-2778) during business hours to see if one of our programs is the loan you have been searching for!
