Low Doc Programs

Not everyone wants to document his or her income or assets. But because of new regulation, Low Doc Programs no longer exist. The more documentation you are able to provide about your financial situation the better your interest rate will be. There are circumstances where a homeowner cannot provide all of the documentation traditional mortgage lenders want. For these homeowners, refinancing their mortgages has gotten much harder. Mortgages are possible, but usually at higher interest rates.

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