Non Traditional Home Financing

 · Does anyone know of a lender doing non-traditional credit on VA loans? One traditional tradeline with 3 mo. history. 640 fico Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get.

Eric Nichols and platinum city gaming co-founder Rashaud Garner said that the idea to hold such an event came about as a result of the department’s increased emphasis on delving into “non-traditional.

No Income Verification mortgage loan programs Available. Find Nationwide lenders that specialize in no income refinancing, no doc mortgages and stated income home loans. Many self-employed clients choose the no income loan options for home refinancing and house flipping loans.

Or you can find down payment assistance programs that could allow you to buy a home with no money down. USDA and VA loans require zero down payment. FHA and Conventional loans need just 3.5% or less down, but 100% of the down payment can be a gift. This would make it possible to buy a house with no money down.

Programs For First Time Home Buyers In Texas First Time Buyer Program. Are you a first time home buyer with no money to put down or simply want a lower mortgage payment? international buyers program. Are you a foreign national buyer looking to purchase real estate in the United States or simply looking for an affordable international property? Lease Buy Out Program. Stuck in a lease.Harp First Time Home Buyer Determining if You’re Ready for the Commitment of Buying a Home. Buying a house is a big commitment, so before you start house hunting and comparing mortgage rates, take the time to examine your current situation and how it could change in the future.

When it comes to Non-traditional ("Non Conventional") financing, the decision to approve a loan is based primarily upon the equity in the real property securing the loan, and other characteristics of the application that adds additional risk of loss.

Mo st people think that credit scores are required for mortgage financing, and for a lot of situations that is true. However with FHA, VA, USDA and even Fannie Mae financing (that means conforming loan programs) you can purchase without any credit scores as long as you have sufficient non-traditional credit references as well as your credit report is free of delinquent marks (late payments.

The loan amount must meet the general loan limits-high-balance mortgage loans are not eligible. The maximum debt-to-income ratio is 36%. There is no minimum reserve requirement if at least one borrower can document a rental payment history as one source of nontraditional credit.

We have access to additional lending resources, unconventional loan programs as well as niche loan programs. We offer Non-Agency real estate loans, Non-Prime loans, Non-QM loans, non-conventional home loans, Alt-A loans, private equity loans, hard money loans, private money loans, and Small Business Loans.