People who have a low credit score or did not file tax returns can now take advantage of the no income verification home loan program offered by QK Mortgage.

Los Angeles, CA -- (SBWIRE) -- 05/28/2015 -- With their no income verification home loans, QK Mortgage intends to provide an opportunity to all those who dream to own a home, but don't have a proof of income or credit score to secure a loan. QK Mortgage offers stated income loans, where the borrower doesn't need to provide any tax documents related to his/her income or the income taxes from the prior 2 years. The process is quick and hassle-free and one can apply online for a pre-approval within 72 hours.

Darryl Bledsoe, one of the loan agents of the company, says that borrowers should have a credit score of 600+ in order to qualify for most stated income loan programs. The minimum loan amount for a stated income loan is $125,000. The maximum loan amount that borrower can loan is $2 million. Borrowers do not need to submit any type of tax income documents, or tax related documents to be approved for the stated income loan program.

To qualify for the stated income loans offered by QK Mortgage, borrowers must be able to afford a 30% down payment of the sale price, or have 30% equity for a refinance. While the down payment requirement is comparable to conventional loan programs, QK Mortgage also works with lenders that accept as much as 10% gift funds that can be applied to a down payment. Stated loans have interest rates typically ranging between 7% and 9%, which makes the monthly payments affordable.

QK Mortgage works with stated income loan lenders to make the approval and the fund transfer process quick and hassle-free. Stated lenders follow a more streamlined underwriting guideline than conventional loans, eliminating the process of income verification, making the final approval process much faster. Stated income loans are also available for investor / non-owner occupied properties. Moreover, most stated loans do not penalize the borrower for pre-payment or refinancing into another loan, after a period of 3 years.

Borrowers who are finding it difficult to secure mortgage loans from a conventional lender because of their income verification or poor credit score can now apply for a no income verification loan with QK Mortgage.

To apply for a loan, it is best to call and talk to their experienced loan agents at 818-208-2114 or complete the online application on their website http://statedloan.qkmortgage.com/

About QK Mortgage
QK Mortgage is a unit of Maxim Real Estate Group Inc., which is a CA BRE licensed Real Estate Broker. QK Mortgage specializes in stated income loans where borrowers can get quick loan approvals without a need to submit income verification documents. With a minimum credit score of 600, one can be eligible for a loan with an affordable interest rate payment.

For Media Contact:
Contact Person: Darryl Bledsoe
Telephone: 818-208-2114
Email: Darryl@qkmortgage.com
Website: http://statedloan.qkmortgage.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

With the help of QkMortgage, qualifying for conventional loans will be more efficient and simple and borrowers can expect a quick loan approval.

Los Angeles, CA -- (SBWIRE) -- 05/13/2015 -- Conventional loans are mortgage loans that meet the lending requirements and guidelines set by Freddie Mac or Fannie Mae. Conventional loans normally come with better interest rates and have lower fees than other types of loans. However, conventional loans require the borrower to have good credit, documented income and adequate amounts for monthly debt payments, as well as 5-20 percent saved for a down payment. QkMortgage will make it possible for quick loan approval by connecting borrowers to a reputable and reliable loan approval servicer.

Modern conventional loan program are constantly changing. And because of such changes, QkMortgage will connect borrowers to an experienced mortgage agent that help borrowers process the loan application and secure a conventional loan within minutes. We know time is precious, so we move quickly to help borrowers get the loan they want. QkMortgage is dedicated to help mortgage loan borrowers get the quickest loan approval. Their goal is to help consumers make the best choice possible, free of charge.

QkMortgage is staffed with experienced and highly dedicated professionals with access to the best available technology to deliver efficient and fast mortgage services. This is why clients love them, and continue to use their professional services for their conventional loan sourcing. They simplify the process of qualifying for mortgage loans, and during the first call or meeting; an experienced representative will evaluate borrower's case for eligibility of the loan. They provide borrowers step-by-step guide to securing a quick conventional loan.

Benefits of a Conventional Loan

Conventional loans are normally beneficial to borrowers with premium credit ratings with enough funds to make down payments between 5-20%. Many conventional loans do not require mortgage insurance with a sufficient down payment, whereas FHA loans require mortgage insurance premiums.

Conventional loans do not require the owner to occupy the property. There are also different down payment programs available that borrows can use to reduce monthly payments; which is the main difference between conventional and FHA loans.

With the help of QkMortgage, qualifying for conventional loans will be more efficient and simple and borrowers can expect a quick loan approval. When borrowers call QkMortgage, their top priority goal is to help borrowers secure the right loan, and they only connect borrowers to the best resource available for a loan.

Conventional Loan Down Payment Requirements

Conventional loans normally require the borrower to have good credit ratings and a down payment of between 5 and 20 percent of the property price. For refinancing with conventional loans, lenders typically require 10 percent equity in the property.

What Property Types Are Eligible for the Loan?

Conventional loan programs normally allow for the purchase of residential homes, condos, and multi-family 2-4 unit residential developments. Conventional loans can also be used for primary residence re-financing, non-owner occupied investment properties and secondary homes.

Loan agents at Qkmortgage are dedicated to expediting and simplifying conventional loan applications for fast loan approvals and the right loans for a new home.

For more detail about their service, visit http://qkmortgage.com/ or call 818-987-2760.

About QK Mortgage
QK Mortgage specializes is a company that specialize in home loan. Their goal is to help borrowers get the best mortgage loan as fast as possible. For that reason, QKMortgage.com makes it easy and fast to qualify for the right loan and to decide what makes the most sense for borrowers. Whether they are looking to buy a home, refinance an existing mortgage, or trying to get a home equity loan, reverse mortgages, or other related home loan service Qk Mortgage can do it. Qk Mortgage teams are open to help borrowers understand the risks and benefits of mortgage loans, and willing to guide borrowers to make the best financial decisions for them and their family.

For Media Contact:
Company: QK Mortgage
Address: 3700 Eagle Rock Blvd Suite B,
Los Angeles, CA 90065, USA
Phone: 818-987-2760
Email Id: support@qkmortgage.com
Website: http://qkmortgage.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm