2007-01-08 23:08:18 · 12 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
FYI to others - the term "bird" is English & Irish slang meaning "girl." So the asker is saying "Me and my girl..."
To the Asker: No conventional lender (ie, banks, A paper mortgage companies) following Fannie Mae's underwriting guidelines will allow 100% financing on a low doc/no doc loan. All lenders base their decisions on RISK, and a 0 down loan with out verifying income is too risky for the types of lenders I mentioned.
You might find a subprime lender willing to do 100% financing on a low doc loan but be prepared for a high interest rate. FYI - subprime lenders don't just work with borrowers with bad credit. They also work with borrowers who have a loan scenario that falls outside of conforming lending guidelines - and the borrower may have excellent credit. Subprime lenders simply are willing to take on more risk than banks, and in return you pay a higher rate.
Good luck...
2007-01-09 00:13:05 · answer #1 · answered by Anonymous · 0⤊ 1⤋
The loan company needs to comprehend how they are going to be paid. So to verify that them to believe you, they favor to understand the way you receives the money to pay them. Statistically, the longer someone continues to be at a pastime, the more effective probably they're to proceed at that pastime. in case you've in consumer-friendly words been at a pastime some weeks, you do not have a lot incentive to stay if issues abruptly go undesirable there. you would possibly want to grant info of income out of your previous pastime, to reveal that you've had a mushy income, basically no longer from an identical company.
2016-12-28 12:32:33 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Me and my bird ? Who is this - are you a pirate and is your bird a parrot.
If you have no records relating to the stuff you pinch on the high seas it might be difficult to get a mortgage, but not impossible.
Try moneyfacts.co.uk
2007-01-08 23:16:44 · answer #3 · answered by chillipope 7 · 0⤊ 0⤋
You won't get any type of a mortgage without proof of income, absolutely no chance in hell, you think they will just give you hundreds of thousands of pounds without any proof you can pay them back. They wouldn't give you an overdraft with no proof.
You could however rent a bird cage from a pet shop if thats what you mean, i doubt they will require much in the way of documentation.
2007-01-08 23:20:26 · answer #4 · answered by agius1520 6 · 0⤊ 2⤋
It depends what type of bird you have. You will need it for a pigeon.
You will need documents and proof of income is a must as well as confriming you are both capable of paying loan back without going into the red.
2007-01-08 23:19:14 · answer #5 · answered by hardupmatt 3 · 0⤊ 2⤋
A bird? of course? lenders like to do buiness with animals. but since birds are notorious for having bad credit you will be paying a high %%!
2007-01-08 23:46:19 · answer #6 · answered by CEESONE 4 · 0⤊ 0⤋
I didn't know birds paid mortgages?
2007-01-08 23:17:19 · answer #7 · answered by babyblues_752001 3 · 0⤊ 1⤋
Self certification
2007-01-08 23:12:17 · answer #8 · answered by Anonymous · 0⤊ 1⤋
i don't think so but try talking to mortgage brokers , they will come to any solutions
2007-01-09 04:28:48 · answer #9 · answered by dj j 2 · 0⤊ 0⤋
Depends if she wants a gilded cage. She might have to whistle for it.
2007-01-12 22:33:12 · answer #10 · answered by Anonymous · 0⤊ 0⤋