Does the headline sound like an exaggeration? Well, it’s not! We at Chissell Mortgage Group have access to the best no doc mortgage in the industry! What is a no doc mortgage? Why would I be interested in this? All those answers and more will be in the article to follow.

First things first, what is a no document mortgage? By no doc, we mean no documentation regarding your income or employment. This can be extremely beneficial to self-employed business owners who don’t have or show enough income on paper, retirees who are trying to purchase a home with a fixed income, or investors who are looking to cash out the equity in their primary residence or second home and start putting it to work.

Typically, a no doc mortgage would have a prepayment penalty. This mortgage does not have one! 

Typically, you would have very expensive payments on this type of a mortgage. This mortgage is interest only! 

Typically, the interest rates would be astronomical. The rates are competitive with todays pricing! 

All around, this is an incredible mortgage to get your foot in the door on a primary residence or second home. This allows you to stop paying someone else's rent and to start building equity in an appreciating asset! 

If you are interest in applying or learning more, please contact Chissell Mortgage Group at (727) 376-6900.                         

NMLS ID: 327290; NMLS ID: 2062741

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