Before the 2008 financial crisis, it was relatively easy to purchase or refinance a home without having to verify your income. Although those days are long gone and traditional no-income-verification refinance loans are a thing of the past, alternative options exist that those with unsteady earnings or financial hardship can explore. Thankfully, lenders are often willing to work with borrowers in need, as both parties want to avoid foreclosure.
Learn more in this article about why the no doc refinance is unavailable, how government-backed streamline refis may allow you to refinance without income verification, alternative refi options when you have unsteady earnings, strategies to consider when you face financial hardship, and more by reading my latest piece for Refi.com, available
here.
