Income Engine is used by Realtors and Mortgage Professionals nationwide to assist applicants in qualifying for mortgage loan transactions. Gone are the days of a W2 and Tax Return being the primary benchmark for loan eligibility. Income Engines Underwriting Guidelines allow the applicants Savings and Banking Deposits, Retirement Accounts, Stocks and Bonds and more to be used to determine an individual’s ability to repay a debt for loan eligibility.
Say goodbye to a mortgage loan taking 4-6 weeks to close with a mountain of paperwork required. Income Engines common sense underwriting approach has streamlined the loan process and made attaining a loan easy and stress free.
Additionally, real estate investors can rest easy knowing that Income and Employment are not required for any loan transaction involving an Investment/Rental property. Income Engine simply utilizes the verified rents on the property or the estimated rents in the surrounding area to ensure that the property has, or the potential to have, a strong flow of rental income to help offset the new mortgage payment.
Income Engine…..Engineering Income for Mortgage Loans with a Common Sense Approach. Run your Income Profile and be placed with one of our Lending Partners.