Are you looking for a loan that you can get without proving how much money you make? Do you need something other than a payday advance loan, but are having trouble proving that you make what you really make? There is such a thing as a no proof of income loan that is not just a small short term payday loan. Here are your options.
If you are looking for a refinance, then you are most likely looking for what is called a stated income mortgage. Basically you will write down a number that represents the amount of money you make each year or month and sign it. This is your income documentation and they will not verify it or ask for any other proof whatsoever.
If you are not looking for a mortgage, then you have the option of using Prosper. This is an internet based company that allows private parties to fund your loan. You will sign up, have your credit rated, and tell them how much you make. You will be able to explain why your income does not represent everything you really make in your loan request.
Another option, which is a bit difficult to find, but can be done is a signature loan. This is a loan that is based on nothing other than your signature and possibly a credit report. If you have really good credit this is a very good option for you because they will not ask for any income documents at all.
So as you can see you don't have to settle for a payday advance or short term loan. You can get a no proof of income loan for your mortgage or for any other reason that you need it for. Just be prepared for the rate to be a little higher than normal and use the money wisely.
No Doc Equity Loan with No Income Verification/