Do you need financing but your income is difficult to substantiate? Or you just don't want to be bothered with all the customary bank documentation? Shoreline Mortgage has the answer for you!  A No-Income Verification loan!

At Shoreline Mortgage, we understand that what is reported on your income tax returns do not necessarily reflect what you can comfortably afford to pay on a mortgage.  Many people, especially the self-employed have complicated tax situations. That's why we offer loan programs for those of you who do not wish to supply copies of your tax returns, W-2 forms, or paystubs.

There are many factors that go into determining whether or not your loan will be approved. Substantiating your Income is only one of them. Up to 100% financing is available for no- income verification mortgages (NIV)…with interest rates that are only slightly higher than normal mortgages.

Of course, the more information that can be documented, the lower the interest rate…and the credit history and property value become less critical.

Shoreline Mortgage has experienced loan officers available to answer all of your questions at any time. We offer a wide variety of products to help those individuals who have unique income and credit situations. We invite you to  take the first step  Simply call us toll free at (888) 353-1558,  locally at (954) 966-1313 to discuss your needs or Apply Online

There are three types of "NIV" loans:

Stated Income
You fill out a complete application, stating your employment and income. Your employment will be verified but no documentation or verification of income is required.

Typically, you will need a minimum of two to three years of self-employment history, or employment history in the same field. Your ability to afford the loan is based on the income stated on the application. The claimed income must be in line with your occupation.

The actual loan approval is based on your credit history, verified liquid assets, and the value of the property. Verified assets should be consistent with the income claimed

No Ratio
Similar to the Stated Income program except that no income information is provided or verified.

No Documentation
No employment or income information is provided or verified. Approval is based on down payment, credit history, and property value. Some programs still require asset documentation, while others do not.

Shoreline Mortgage will help you get the financing you need at the lowest possible rates available.