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Are limited documentation (aka EZ doc, no income qualifier) loans available?

April 26, 2017AKA DOC documentation EZ income limited Loans Qualifier

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Are limited documentation (aka EZ doc, no income qualifier) loans available?

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Yes, it is possible to get a second mortgage without documenting your income. Most lenders will require that you have approximately 20% equity in your property (after closing on the second mortgage) and the rate typically will not be as favorable as when income documentation is provided.