Loans Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

No Income Verification Home Equity Loan


A no income verification home equity loan is a second mortgage loan that does not require you to provide income documentation to qualify for the loan. This type of loan is great for homeowners who need a home equity loan but have hard to document income.

The majority of borrowers with hard to document income are either self-employed or commission based employees. Consumers who fall under these categories may have high income but have a lot of business related deductions that they write off on their taxes. This is good on the one hand as it reduces the taxable income and thus the amount of taxes owed, however, when it comes to getting a home loan it can hurt as most lenders use the average of your last 2 years taxable net income (the amount left after all of your deductions) to determine your income figure for qualifying purposes. This may cause you to have a debt to income ratio problem if you have a high debt load and thus keep you from qualifying for the loan. With a no income verification home equity loan, however, your gross income can be used for qualifying purposes as opposed to the net income.

In order to qualify for a no income verification home equity loan you will, in most cases, need good credit and a high credit score. Expect to pay a higher rate for this type of loan as opposed to a traditional loan in which you have to document your income. Also, even though a no income verification loan does not require you to document your income, some lenders may require that you have a certain dollar value of assets on hand which must be verified. Not all lenders have this requirement though - some lenders offer a program called NINA which stands for "no income no assets" meaning you do not have to document either. Loan guidelines and rates vary from lender to lender so it is a good idea to shop around to increase your chances of getting the best deal available to you.

For more information on no income verification home equity loans, or to compare rates and programs of home equity loan lenders visit http://www.equityloansource.com

Levetta Rivera is a successful mortgage broker and publisher of the following financial websites: http://www.equityloansource.com and http://www.militaryvaloan.com


MORE RESOURCES:
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money  The New York Times

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.


Metro Organization Helps Veterans Find Loans to Finance Their First Homes  WHO TV Des Moines

DES MOINES, Iowa -- A metro organization is working to get veterans easier access to home loan programs. On Saturday, realtors helped veterans and active ...


Your money: Federal student loan interest rates about to get first cut in 3 years  telegraphherald.com

High school grads on their way to college — as well as returning college students — just got a bit of a financial gift.


U.S. is stepping up enforcement of delinquent student loans  Los Angeles Times

The U.S. collected $3.3 billion of delinquent student debt in the first half of this fiscal year. That's up from $2.9 billion in the full year before.


How to make a difference and still pay off those student loans  Minneapolis Star Tribune

The advice to pursue your dreams at work may be nice, but the borrowed money still has to be repaid.


Don't Be Tricked By These 3 Student Loan Scams  Forbes

Beware of these financial scams. Protect your student loans.


How Do Loans Work? | US  U.S News & World Report Money

Taking out a loan can help you in the short term, so be smart about how you pay it back so you don't have to worry about debt in the long term.


India’s Money Engine Is Broken  Bloomberg

A $55 billion funding market is drying up and threatening a chain reaction. The next prime minister must fix it, and quickly.


Your money: Cosigning a student loan? Be prepared to pay  Reuters

(This May 16 story corrects 10th paragraph to clarify that 96% of cosigns are for undergraduate loans.) FILE PHOTO: Messages and artwork are pictured on the ...


Sanders and AOC want to cap credit card interest rates with the Stop Loan Sharks Act  Vox.com

Cheaper (but scarcer) credit cards and the end of payday loans.


When you play the Game of Loans, you pay either way  MarketWatch

Money and life lessons we learned from 'Game of Thrones'


Students and their families need support systems before they're saddled with college debt  CNBC

State and local governments need to find the resources to help families make smarter financial decisions about college during children's high school years.


They Live Here Legally, But The Trump Administration Won’t Give Them Housing Loans  BuzzFeed News

The government is denying federal housing loans to young immigrants with DACA status, even after Ben Carson said it wasn't happening.


CFPB Chief Says Education Department Is Blocking Student Loan Oversight  NPR

The Consumer Financial Protection Bureau's Kathy Kraninger says the department is getting in the way of efforts to police the student loan industry.


Trade Battle Poses Risks for Junk-Loan Machinery  The Wall Street Journal

The recent escalation of U.S.-China trade tensions is threatening to cut short a nascent recovery in the market for collateralized loan obligations.


Student-loan borrowers are using their vacation days to pay off their debt  MarketWatch

This new employee benefit lets workers trade in their paid time off.


Loan program milestone: RGV-pioneered franchise reaches 50000 mark  Brownsville Herald

The Community Loan Center, an employer-based, small-dollar loan program pioneered in Brownsville in 2011 and now franchised around the United States, ...


One way to tackle the student loan crisis: bankruptcy court  The Washington Post

Why is student loan debt treated differently than all other consumer debt?


How one woman used minimalism to pay off $50,000 in student loans in 2 and half years  NBC News

By looking at minimalism as a lifestyle instead of a sacrifice, Jennifer Chan paid off $50000 in loans in a few short years.


Education Department hinders policing of student loans, consumer agency says  POLITICO

The head of the Consumer Financial Protection Bureau says the Education Department is impeding access to information that regulators need to oversee the ...


Elizabeth Warren: Let Student Loans Be Discharged In Bankruptcy  Forbes

Will you be able to discharge your student loans in bankruptcy? Elizabeth Warren hopes so. Here's what you need to know. The Student Borrower Bankruptcy ...


Disaster loans flooding into Nebraska  KSNB Local 4

As of May 16th, the Small Business Administration had lent more than $33.4 million to Nebraska homeowners and businesses recovering from the March floods.


Pete Buttigieg made $75K on his book deal, but owes much more in student loans, disclosure finds  USA TODAY

Democratic presidential hopeful Pete Buttigieg has lots of student loan debt and received a $75,000 advance for his political memoir, according to financial ...


Elizabeth Warren calls Navient ‘scammers’ after student loan giant celebrates making the Fortune 500  MarketWatch

The company is facing multiple lawsuits from the CFPB and states attorneys general.


Thinking of cosigning a student loan for your child? You might regret it  CNBC

As the cost of college rises, more parents are cosigning private loans for their children's education. That move can leave them on the hook for the debt if their ...


The best approach to financing a home remodel  USA TODAY

What's the best way to pay for upgrades to your home? Check out this guide to pick the best option for you.Image source: Getty Images.


Malaysia Turns to Property Crowdfunding as Banks Reject Loan Applications  Bloomberg

Malaysia's government is turning to the wealth of the masses, instead of reticent banks, to help solve a $4.8 billion property overhang.


U.S. Stepping Up Enforcement on Delinquent Student Loans  Bloomberg

Your rich Uncle Sam is calling in his chips. The U.S. government stepped up collections on delinquent student debt to $2.9 billion last year -- or an average of ...


Ladenburg looking at student loans, impact investing, health care for future fintech investments  InvestmentNews

To help advisers at its subsidiary firms stay current with the socioeconomic trends shaping the future of the financial advice industry, Ladenburg Thalmann ...


What’s Scarier Than Student Loans? Welcome to the World of Subprime Children  The New York Times

Income share agreements sound like a better deal than today's student loans, but what will they do to society?


Bernie Sanders: 'Exploitative' payday loans in Wisconsin average 574% annual rate  PolitiFact

Ramping up his latest push for the White House, Bernie Sanders is taking aim at high interest rates on credit cards and payday loans. The Vermont senator ...


More states pass student loan servicer laws  Politico

Education groups pan White House cut to Pell surplus — House Veterans Affairs Committee tackles school closures.


Meade School District Loans Historic Painting to Museum  U.S. News & World Report

STURGIS, S.D. (AP) — Randy Bender has uncovered a gem that is now on display for all to see: While visiting Sturgis Brown High School, the president of board ...


Interest-only loan growth: A harbinger for recession? | TheHill  The Hill

Interest-only loans are on the rise, which has some analysts spooked that the economy is already trending toward a recession. If only it were that easy to foretell ...


Income-based repayment is the best solution to student debt  Quartz at Work

Here's the problem with student debt: It's only a problem for some people. Americans of all ages owe almost $1.5 trillion in student loans and so many Americans ...


Federal Student Loan Interest Rates Decrease For New Borrowers In 2019 - 2020  Forbes

For the first time in three years, the interest rates on Federal student loans will decrease anywhere from seven to ten percent depending on the loan type.


Behind on bills? A new personal loan will help, TransUnion study says  USA TODAY

One counter-intuitive way to help someone who's fallen behind on bills is to give them another loan, according to a new TransUnion study.


Former Greg County GOP chair admits to using loan documents with forged signatures to obtain $145K  KLTV

An East Texas businessman admitted to using loan documents with forged signatures in order to get personal and commercial loans for a total of $145000 from ...


Find out if you qualify for a student loan debt forgiveness program  KTRK-TV

Consumer Reports say there may be relief ahead if you qualify for a student loan forgiveness program.


To boost equity, give public loans to pot startups  The Boston Globe

Sonia Chang-Díaz's amendment would move Massachusetts closer to reaching its goal of a truly equitable cannabis industry.


'Quite remarkable': Consumer watchdog says Department of Education is obstructing student loan oversight  Yahoo Finance

The Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger may have been blasted for her bureau's poor oversight of predatory student loan ...


Grewal joins other AGs in battle over relaxing payday-loan rules  WHYY

New Jersey's attorney general is stepping into the ring again with the Trump administration, this time trying to prevent a federal consumer-watchdog agency from ...


New bill links 401(k) matches to student loan payments  InvestmentNews

A bill that includes a provision to make it easier for companies to contribute to the retirement accounts of employees who are paying down student debt was ...


New initiative drive would ban high-interest title loans in Arizona  Arizona Daily Star

Auto title loans can carry an annual percentage rate up to 204 percent a year.


Chicago Fire Soccer Club Loans Stefan Cleveland, Grant Lillard to Lansing Ignite FC  Chicago Fire

BRIDGEVIEW, Ill. (May 16, 2019) – The Chicago Fire Soccer Club announced today that the Club has loaned goalkeeper Stefan Cleveland and defender Grant ...


It could become easier for people with student debt to file for bankruptcy  CNBC

Lawmakers could make it easier for student loan borrowers to cancel their debt in bankruptcy. The bill, which is supported by 14 Democrats, one Republican and ...


Parents Owe $89 Billion In Student Loans - Here's What To Do About It  Forbes

When you think of your golden years, you think of rest, relaxation, travel and the good life. The last thing on your mind: student loans. Yet, for millions of ...


Top Finance Dem offers bill to help those repaying student loans save for retirement | TheHill  The Hill

Sen. Ron Wyden (D-Ore.), the top Democrat on the Senate Finance Committee, on Monday introduced a bill aimed at making it easier for those with student loan ...


How To Use A Personal Loan To Consolidate Credit Card Debt  Times Square Chronicles

Just about every consumer has a specific amount of credit card debt. While a small amount of credit card debt is most likely not going to become a problem, with ...


Zimbabwe must prove itself before seeking World Bank loans | TheHill  The Hill

Zimbabwe's authoritarian government is working with World Bank staff and outside powers to get the creditors to clear billions in arrears and restart loans.


Senior citizens saddled with student loan debt  KGO-TV

Student loans can weigh on recent graduates-- and beyond. Some senior citizens are still saddled with student loan debt. Here's how debt can uniquely affect ...


Congo Nears Restructuring of Oil Loans, Unlocking IMF Cash  Bloomberg

The Republic of Congo and commodities-trading house Trafigura Group agreed to reorganize several hundred millions of dollars in oil-for-cash loans that the ...


Lawmakers weigh state borrowing to help college grads pay off loans  Press Herald

AUGUSTA — Lawmakers are once again exploring avenues to use student loan forgiveness and zero-interest loan programs as a way to simultaneously ...


Household debt hits $13.6 trillion as student loan and credit card delinquencies rise  Yahoo Finance

Total U.S. household debt is now $993 billion higher than the peak of $12.68 trillion in the third quarter of 2008, according to a new report by the New York Fed.


As Solar Loans Start to Dominate, Loan Providers See Increasing Value in Installer Networks  Greentech Media News

As a result of the ITC stepdown, solar loans will increasingly start to look like regular consumer loans.


Surging Auto Loans Help Fuel Rise in American Household Debt  Yahoo Finance

(Bloomberg) -- The auto loan has flourished among American consumers over the last two decades, with its prevalence among the U.S. population rising each of ...


Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years  WOLF STREET

Serious auto-loan delinquencies – 90 days or more past due – jumped to 4.69% of outstanding auto loans and leases in the first quarter of 2019, according to ...


Teachers Begin To See Unfair Student Loans Disappear  NPR

Nearly 2,300 teachers have just had a mountain of student loan debt lifted off their backs, according to previously unreleased figures from the U.S. Department of ...


Millennials struggle under the burden of student loans  CBS News

Taylor Smith graduated college with 11 student loans and $53000 in debt.


Warren, Nadler introduce bill to allow student loan borrowers bankruptcy relief | TheHill  The Hill

A bipartisan group of lawmakers on Thursday introduced legislation to make bankruptcy relief available for student loan borrowers. Sens. Elizabeth Warren ...


What Is a Business Working Capital Loan?  U.S News & World Report Money

For small businesses, working capital loans can fund short-term needs and unplanned expenses that cash flow can't cover.


Revisiting small loans rules crucial to maintaining access to credit for vulnerable consumers | TheHill  The Hill

The truth is that millions of Americans would be worse off without access to small-dollar loans.


How the student loan 'grace period' can actually make your debt problem worse  CNBC

The student loan “grace period” is a six- to nine-month reprieve from having to pay back your loans that starts from the time you graduate or drop below half-time ...


With this kind of debt, you can kiss your sex drive goodbye  CNBC

Nobody likes writing a check every month. The joy of that new car quickly gives way to monthly misery — especially when the size of the check is sometimes ...


Starbucks, Mercon announce separate sustainability loans  Reuters

NEW YORK (Reuters) - Starbucks and Mercon Coffee Group separately announced sustainability-focused loan facilities on Monday, signaling the coffee sector's ...


HELOC: Understanding Home Equity Lines of Credit  NerdWallet

A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home. You can draw from a home equity ...


Minnesota Senate votes to pay Argosy students for grants, loans lost in closure  KMSP-TV

(FOX 9) - The Minnesota Senate voted unanimously to pay Argosy University students directly for state grants and loans kept by Argosy when the school ...


Loan forgiveness program rejects teacher, leaving her with $80,000 in debt  CBS News

Debbie Baker said her loan provider told her she was on track for forgiveness, but was rejected when she applied.


Tesla rolls out employee loan benefit as factory workers cope with unpredictable hours  CNBC

Tesla has rolled out a new benefit for its workers: employee loans, facilitated through the London-based financial tech start-up Salary Finance, and funded via its ...


Three French Banks Join R3 Corda Blockchain-Based Loans Platform  Cointelegraph

News. British financial software firm Finastra has signed three global banks on its R3 Corda blockchain-based syndicated loans platform, the firm officially ...


Payday loan complaints reach five-year high  BBC News

The behaviour of some loan firms is deemed 'unacceptable' by the watchdog, the Financial Ombudsman *Service*.


Rising Rents for Millennials Give Rise to a New Breed of Lender  The Wall Street Journal

Startups are stepping into a market long associated with payday lenders. One pitfall is that such loans might encourage some young renters to live beyond their ...


Facing retirement with parent student loans? Transfer them to the kids  Los Angeles Times

It's not wise to use retirement funds to pay down student loans taken out on behalf of your children. Consider refinancing the debt so that the graduate can take ...


Elizabeth Warren Wants to Cancel Student Loans. Critics Wonder if That’s the Right Solution.  The New York Times

While many borrowers welcomed a one-time loan clearance plan, it also raised long-simmering questions about the cost and quality of college.


Student loan forgiveness: millennials deserve a break from boomers like me  Vox.com

Boomers like me who paid off all of our student loans need to give millennials a break.


What Happens to Student Loans if You Move Abroad  U.S. News & World Report

Living outside of the country will not allow you to erase the debt you owe.


Alexandria Ocasio-Cortez and Bernie Sanders Team Up on Bank Legislation  The Intercept

Alexandria Ocasio-Cortez will announce her first major bill today, in partnership with Vermont Sen. and presidential candidate Bernie Sanders. It's something ...


Teachers took grants to work in poorer schools. Thousands got hit with debt. Now, a fix is on the table.  Indianapolis Star

A federal grant program that was supposed to encourage teachers to work in low-income schools turned into a headache for many recipients when those grants ...


How Do Student Loans Affect Your Credit Score?  Student Loan Hero

Americans owe more in student loans than they do on credit cards, but how does that debt impact the rest of their financial lives? If the day comes when you want ...


Elizabeth Warren Proposes Cancelling Most Student Loans  Forbes

95% of student loan borrowers would get relief under Warren's proposal.


State awards $23M in water quality loans to Iowa communities  Des Moines Register

The State Revolving Fund loans help Iowa cities with drinking water and wastewater infrastructure projects.


Amid student debt surge, a debate over whether $1.5T is a crisis or 'peanuts'  Yahoo Finance

College graduates saddled with loans has become a major problem for the economy, and a political hot potato. So just how big is the problem, really?


CNY college students set to graduate this weekend with thousands in student loan debt  CNYcentral.com

Thousands of students across Central New York will be graduating this weekend and for many of them, the looming cloud of paying back student loans is ...


How to Refinance a Small Business Loan  U.S News & World Report Money

Refinancing a small business loan, compared with a mortgage, has a few more steps and may require as much documentation as your initial business loan.


Colleges need to have skin in the game to tackle student loan debt | TheHill  The Hill

Colleges should not play the role of subprime mortgage brokers sticking taxpayers with the bill.


Beware of student loan scams, BBB warns  WTVD-TV

It's graduation time and for many graduates that will mean it's time to start paying back those student loans. There are several student loan scams to watch out for ...


Seniors owe billions in student loan debt: "This will follow me to the grave"  CBS News

"Because of student loans we are literally driving tens of thousands of older Americans into poverty"


A better way to provide relief to student loan borrowers  Brookings Institution

Adam Looney offers a more progressive plan for forgiving student loans that makes income-based repayment universal and provides relief to existing borrowers.


Study: Federal loans don't drive up medical and business school tuition  Inside Higher Ed

Researcher concludes that increase in Grad PLUS loans did not drive up the price of medical and business schools or increase debt burden of those who ...


The sabotage of public service student loan forgiveness  CNN

Tim Kaine and Randi Weingarten write that the bipartisan Public *Service* Loan Forgiveness program offers us an opportunity to do right by public servants and ...


Investors Suing JPMorgan May Redefine the Leveraged Loan Market  Bloomberg

A group suing JPMorgan Chase & Co. and other Wall Street banks over a loan that went sour four years ago is alleging the underwriters engaged in securities ...


College-Bound Students Could Face $37,400 in Loans  Los Angeles Times

A 2019 high school graduate can expect to borrow $37400 in pursuit of a bachelor's degree, according to a data analysis by NerdWallet.


The government took single mom's $3,063 tax refund to cover her student loans. She's trying to get it back  CNBC

Tax refunds are a lifeline for many low-income people. For the increasing number of people who've fallen behind on their student loans, however, that relief ...


What Is a Jumbo Loan?  TheStreet.com

Jumbo loans are a big deal in the mortgage sector - very big. Here's the deal, and how to score a jumbo loan....FNMA.


Why You Should Avoid Subprime Auto Loans  U.S. News & World Report

Having a car is a necessity for the millions of Americans who don't have alternative transportation to get to work or school. When you have bad credit, that ...


Michigan student loan debt increases 52% since 2007  The Detroit News

Ann Arbor — Going into her junior year at the University of Michigan, Meg Wynne already has $20,000 in debt. "It's scary because you're not always thinking ...


Banks hold onto riskier credit card loans amid higher losses  American Banker

More U.S. consumers are defaulting on their credit cards, but banks may be holding onto the riskiest loans instead of passing them off to investors, according to a ...


‘There’s no way out:’ After nearly $14K in student loan payments, man owes more than when he started  WITI FOX 6 Milwaukee

KENOSHA -- Five years after a Kenosha man started paying back his student loan, he owes more than when he started. Cameron Olson owns The Graphics Co.


The Co-op With Forty Years of Making Loans to Co-ops  Next City

Most banks and financial institutions are built for conventional businesses, not cooperatives, which means co-ops have a hard time accessing the money they ...


Program to Relieve Student Debt Proves Unforgiving  The Wall Street Journal

More than a decade after Congress set up a way to erase student debt for people who hold public-*service* jobs, the system is in disarray. Around 73000 people ...


home | site map
TIGER MEDIA© 2006