REALTOR® Magazine-Daily News-No-Doc Loans Could Return

Posted by Jim Kimmons, Broker/Owner • July 9, 2009 • Printer-friendly

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REALTOR® Magazine-Daily News-No-Doc Loans Could Return. Maybe the Taos real estate market will get a boost when no doc and low doc loans return. The article at the link seems to believe that they will within the next six months. I know that those type loans are how we self-employed used to buy our homes in many cases.

It's not as easy when you can't say to the lender "I want your money for a jumbo loan, but I don't want to tell you anything or cough up my tax returns." I'm not sure if lenders would call those the "good old days."