Lite-Doc Loans

Want to buy home but do not have sufficient personal income to qualify?

No problem, we can obtain financing for buying Condo and 1-4 family without borrower having to qualify based upon sufficient personal income.

Here are some of the key details:

  • Up to 75% Loan to Value for Condo and 1 Unit.
  • Up to 70% Loan to Value for 2 and 3 Unit.
  • Up to 65% Loan to Value for 4 Unit.
  • Loan qualified based upon Rental Income and Monthly Mortgage Payment (PITI) of the subject property.
  • No other debts are used in the qualification.
  • Only Investment Property considered for lending.
  • All Loans are manually underwritten.
  • Escrows: Taxes and insurance escrows are required.
  • Reserves: 18 months post closing PITI reserves are requires.
  • Seasoning of Funds: All funds used for down payment, closing costs and reserves must be seasoned, supported by 3 months bank statements. No gifs are allowed.


Sanjeev Ahuja - Mortgage Broker or Lender at Home Funding LLC

NYS Registered Mortgage Broker, Department of Financial Services, loans arranged thru 3rd parties. (NMLS#: 885573)

Advertised fee waivers available only on agency loans that are funded. Fees waived from broker compensation listed in Good Faith Estimate as Origination Charges.

We do not accept any online applications.