NON CONFORMING LOANS (INCLUDING LOW DOCUMENTATION)

Non-conforming and Low Documentation Loans have been designed especially to help borrowers who do not meet ‘standard’ lending criteria, including those who have an impaired credit history, are unable to provide the required financial documentation in support of their loan application, or who have minimal deposits or savings history.

For many self-employed people, the biggest barrier to buying a home is gathering all the documents necessary to qualify for a home loan. In most cases, self-employed applicants must provide several years of tax returns, financial reports and/or pay slips. This can be very time consuming and costly.

Depending on the lender and the type of product, additional information may be required, please talk to your Hyaline Finance Consultant to discuss your individual requirements.