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Private Lending & Conventional Mortgage Advice

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Steven Burrows
  • Beacon, NY
6
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41
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Do no income verification loans still exsist?

Steven Burrows
  • Beacon, NY
Posted Sep 20 2014, 05:48

I was let go due to downsizing after 17 years with the same company. While working as IT analyst for 17 I did home improvement on the side and have a number of kitchens, bathrooms, basements, and other improvement projects under my belt. Since being let go I decided to start my own home improvement business full time. My issue is, how can I get a loan with no pay stubs. I received a very nice severance package and have a nice chunk of money in savings and 401(k). I have about 50k that I can use, (don't want to use all my own money), but here in NY that won't get much so I would need other funding to purchase properties for flipping and or buy and hold.

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