It sometimes can be very stressful to purchase a new home. And what makes it more difficult is the process that comes along with it more especially if you <br /><br />lack the required documentation to get a traditional home loan. Those who can not provide tax returns or mortgage finance statements like self employed <br /><br />individuals, work on a freelance or contract basis are often at a loss when it comes to providing ample proof that they are in fact credit-worthy when it comes to their incomes. <br /><br />Ask yourself; is a no doc home loan right for me? Before anything else, you must weigh in the pros and cons of the action. <br /><br />Lenders identify with your financial state. If it is different does not indicate that you should be reprimand or deprived of the chance to buy or refinance a home loan. This results to no doc home loans; this was intended to help those who are regarded as non-traditional income earners. But this comes with certain costs.
