Non-Qualified Mortgage Loans
ITIN Loans - ITIN loans are designed for borrowers who do not have a social security number, but can provide an ITIN number as an alternative form of identification. You can expect a down payment of 15-25% and will need a 2 year work history.
Bank Statement Loans - Bank statement loans, also known as self-employed mortgages, allow you to secure a mortgage without the documentation you would normally use to verify your income, such as W-2s and tax returns. These loans, sometimes known as "alternative documentation loans," are largely used by entrepreneurs and others who might not have consistent income or a single employer to prove their salary.