Are there limited documentation (a.k.a. EZ doc, no income qualifier) mortgages available?
Yes there are many. They come in a variety of programs; some have self-employment, credit, equity or asset requirements so it may be advisable to have a mortgage consultant direct you to the appropriate product for your needs. There are also mortgages available to individuals who cannot verify either their income or assets (referred to as NINA mortgages). Keep in mind that these products can carry higher interest rates than that of a mortgage that is fully documented. A good rule to remember, the more documentation a borrower can provide for a lender, the lower the rate they will typically get.
