No Income Verification Mortgage. 20% Down.
A mortgage with no income paperwork. No tax returns, no pay stubs, no job check. You qualify on your credit, your down payment and your savings.
- No income or employment documents
- 20% down with 720 credit. 25% from 680.
- Credit scores from 640
- Loans from $100,000 to $2.5 million
Reviewed by Chris Harris, NMLS #2011725 · Updated
- Rate: a real number on the call, not a teaser.
- Income docs: none. No tax returns, pay stubs or statements.
Your credit sets your down payment
No income math. The lender looks at three things: your credit score, your down payment and your savings after closing.
Who this is for
Living on savings or investments
Retired, sold a business, or between jobs. Strong credit and cash, but no paycheck to show.
Income that is hard to document
Cash business, commissions, family money, or returns that don't tell the story. We skip the income file entirely.
New to the U.S. with U.S. credit
Permanent and non-permanent residents qualify with a U.S. credit history.
Own a business and want 3.5% down?
Different program. See our self-employed 3.5% down mortgage.
No tax returns
Not one year. Not two. None.
No pay stubs or W-2s
Nobody calls your employer. There is no employment check.
Buy, refinance or pull cash out
Your primary home. Houses, condos, 2 to 4 units. Second homes with some lenders.
30-year fixed
No prepayment penalty. No balloon.
How it works
Tell us your credit, down payment and savings
Soft pull only. Twenty seconds to start.
Real pre-qual in 24 hours
An honest yes or no, and the down payment you need.
Close in about 30 days
Once you're under contract, we move fast.
What you'll send us
The whole list. Nothing about income.
- Photo ID. Driver's license or passport.
- Two months of bank or investment statements. For the down payment and your savings after closing.
- Purchase contract once you have one. For a refinance, your current mortgage statement.
- A short online homebuyer class with some lenders. About an hour.
Founded by Chris Harris — UCLA-trained electrical engineer, NASA veteran, inventor of a life-saving robotic medical device. Best Finance was built to bring engineering rigor to mortgage lending.
The Lesson
Your income is not the question. Your credit, your down payment and your savings are.
Frequently asked questions
Is it really no income verification?
How much do I need down?
How much do I need in savings?
What's the rate?
How is this possible?
Get a real answer in 24 hours.
No income paperwork. An honest yes or no.
NMLS# 2011725 · Best Finance · Equal Housing Opportunity. All loans subject to credit approval and underwriting. Down payment and reserve requirements vary by credit score, loan amount and property type. Rates, terms, and program availability subject to change without notice. Not available in all states. Not a commitment to lend.