All About Our VOE Only Program
A Loan Program As Unique As Those You Help Out
Documentation
Let’s start by letting you know what we don’t need;
No W-2s
No Pay Stubs
No Tax Returns
Easy, right!? The only thing we ask for are;
A fully executed loan application
Bank Statements to source the funds of the down payment
A full credit report
Any disclosures pertinent to the transaction
Things To Know
If you have more than one borrower, they will BOTH need to go VOE Only. We cannot mix a fully documented borrower with a VOE only borrower. For example, the wife is fully documented but for some reason it would be better for the husband to be VOE Only, then both wife and husband must be on the loan as VOE only
Self-Employed Borrowers DO NOT work for this type of loan program
The Employer must be a Verifiable Company so that the VOE goes through without a problem
Conventional VOE Only 95% LTV
620 Minimum Credit Score (All Borrowers)
VOE from a verifiable company
No 4506 Required
Max Ratios per AUS System
Mortgage Insurance required with LTV over 80%
Cash-Out Available to 80% LTV
Investment properties and second homes allowed!
