Home loan with no proof of income will carry higher interest rate, because documentation of income is one of the most important qualifying factors when taking out a home loan. New hotline is designed to help homeowners with no income documentation to qualify for a home loan with lower rate and payment.
Irvine, CA (PRWEB) June 10, 2006 -- Home loan with no proof of income will carry higher interest rate, because documentation of income is one of the most important qualifying factors when taking out a home loan. New hotline is designed to help homeowners with no income documentation to qualify for a home loan with lower rate and payment.
Homeowners with adjustable rate mortgages are facing payment shocks as rates on their mortgages are due to adjust. Borrowers that have no income documentation are especially at risk of not being able to refinance their adjustable rate mortgages. Express Capital Funding Group now offers no cost initial consultations to borrowers that face their monthly mortgage payments going up due to higher interest rates. There are several reduced payment mortgage programs available to borrowers with no income documentation. Some of the programs include 40-year fixed, 50-year fixed, Interest Only, and 10-year fixed rate loans.
Express Capital Funding Group is based out of Irvine, California. The company offers a variety of fixed rate mortgage loan programs designed to reduce monthly payments. For more information, please visit www.expfunds.com, or call 877-850-5270.
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