Zillow Advice: Mortgage Types - Where to get a no-documentation mortgage? http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ Zillow Advice | Zillow Real Estate We have a program where you ... http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ We have a program where you can put down 50.1% with reserves equal to 36 months of total debt. &nbsp;You must have had the assets for 12 months.<br/><br/>[promotion deleted by Zillow moderator.&nbsp; Please check out our Good Neighbor Policy for posting guidelines] Tue, 05 Nov 2013 02:05:00 GMT http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ 2013-11-05T02:05:00Z I agree that it is BS and ... http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ I agree that it is BS and the "system" is a huge disappointment for penalizing the hard working self employed.&nbsp; It seems like the bankers (at least the ones we've personally seen) are giving across-the-board one-size-fits-all answers without taking into account any individual circumstances.&nbsp; Aren't they trained in risk assessment for a reason?&nbsp; If they were, and if they were actually allowed to use that training, we wouldn't be having a problem here.... Thu, 17 Oct 2013 19:36:00 GMT http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ 2013-10-17T19:36:00Z I feel your pain user63321189.&nbsp; ... http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ I feel your pain user63321189.&nbsp; I'm in the same boat.&nbsp; I have an 800 credit score, average DTI, 5% down payment and enough for closing costs, 6 month cash reserves, and&nbsp;can definitely afford the house I want with this year's income but can only get financed for half that due to 2011 and 2012 tax returns. Total BS! I am really disappointed in the system. Wed, 16 Oct 2013 22:31:00 GMT http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ 2013-10-16T22:31:00Z That's pretty much what I ... http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ That's pretty much what I expected.... Self-employed and having trouble showing "enough" of a profit to make this work through traditional channels, even with excellent credit, no defaults, no outstanding credit balances, and almost 70% equity in current property. Mon, 16 Sep 2013 18:01:00 GMT http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ 2013-09-16T18:01:00Z Turn the time machine back ... http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ Turn the time machine back to 1999 and you will find all the pre-foreclosure owners lining up for them. It is what burst the 2006 housing bubble so it will be a few more years before you see them back again. But I predict they will be back just like after they disappeared in 1989-90. Mon, 16 Sep 2013 18:00:00 GMT http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ 2013-09-16T18:00:00Z You may be able to find a ... http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ You may be able to find a hard money lender who will do what you want.&nbsp; You will pay a very high interest rate for the privilege. Mon, 16 Sep 2013 17:24:00 GMT http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ 2013-09-16T17:24:00Z no Reputable lender will ... http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ no Reputable lender will do that. You might be able to through a local credit union or bank that does not use Fannie or Freddie as the investor. <br/><br/>No doc loans throguh the government investors are no longer available. Mon, 16 Sep 2013 17:06:00 GMT http://www.zillow.com/advice-thread/Where-to-get-a-no-documentation-mortgage/511555/ 2013-09-16T17:06:00Z