Another No Income Verification Loan Closed

REAL ESTATE NEWS (Los Angeles, CA) — Congrats to Don Maher for closing another No Income / No Employment verification loan for a retired couple buying a 2nd home. They had good income, but in the form of non-retirement investments that they could not use to qualify. This loan program now makes up about 50% …

New Homes and Mortgages — No Income Loans, Market Update

REAL ESTATE NEWS (Los Angeles, CA) — Mortgage Volume is Down: Just a quick note to update you on what we are seeing in the mortgage marketplace currently. According to Don Maher of Universal Capital Mortgage Corporation, volume is down about 40% since this time last year. But you know who is buying? Those who …