Lending Qualifications No W2

[Anthony Minutoli]

Hello Bigger Pocket Family !!! This question has been a lingering one, and I have yet to see a clear answer on this one in other forums. I have a question for all you lenders out there. If there is enough proof of assets in a savings account to purchase a home in cash ( in some cases enough assets to purchase 2 or 3 of like properties in cash ) will I be able to get a loan without a current w2? There is proof of work experience for the past 11 years, but within the last two years the w2 amount is lower. There is also ZERO DEBT, NO CREDIT CARDS, NO CAR LOANS, STUDENT LOANS,PHONE PAYMENTS, ETC.. ZERO DEBT. With a Credit Score of 700+ Will I be able to get into a 30 year loan? Thank you in advance, I’m hoping to get a solid answer on this one. Thank you .
 

[Tarik Turner]

Yes there are many asset based lenders that do not require tax returns to underwrite a loan.