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Is limited documentation (aka EZ doc, no income qualifier) available on . Yes, it is possible to get a second mortgage without documenting your income.
A no-doc mortgage is an extinct mortgage product that does not require mortgage lenders to document the borrower’s income or assets. No-doc mortgages are illegal today because they violate the requirement that lenders must verify the borrower’s ability to repay before approving a mortgage.
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low income housing mortgage Report: Some Wis. residents face housing cost burden – MADISON – About 13 percent of Wisconsin residents are paying more than half of their income on rent or a home mortgage. housing cost burden. It’s particularly an issue for people of color and.