No-income, no-asset mortgages are back

Source: Ben Lane, HousingWire

NINA loans are loans that do not include a requirement for a borrower to prove income or assets. No Income, No Assets = NINA.

And now, NINA loans are back, as 360 Mortgage Group announced, that it is launching a no-income, no-asset mortgage pilot program.

Read Full Article: No-income, no-asset mortgages are back




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