Florida Home Loan With No Tax Return Option – 5% Down

Florida No Tax Return Mortgage Options
Yes, you can obtain a home loan in Florida without providing tax returns. Whether you are looking to refinance or purchase a home, options are available throughout Florida. Our No Tax return Florida mortgage lenders provide no tax return Florida FHA loans to accommodate various situations, ensuring that those without tax returns can still secure financing for their Florida home.

• No Doc, No W2, No Tax Return = OK         Bank Statement Deposits = OK            Jumbo No Tax Returns = OK
• Home Loan No Tax Returns =OK                1099 mortgage Lenders = OK              3 Months Bank Statement = OK
• Self-Employed Less than 1 year = OK         VOE Only Mortgage  = OK                  Asset Depletion = OK
• ITIN No Tax return mortgage = OK              Nonresident No Tax Return = OK          Pledged Assets = OK
• Asset Depletion or Pledged = OK                Business Profit Loss = OK                   DSCR Rental Income = OK

If you haven’t filed your taxes, you can still obtain a mortgage in Florida without tax returns. These Florida mortgage programs allow you to qualify using alternative documents instead of traditional tax returns. Our home loan programs, designed for self-employed individuals, enable you to get pre-approved and qualify using alternative income options to purchase or cash-out refinance a home in Florida. 

Florida Rent-To-Own Owner Financing Program

About Tax Return Florida Mortgage Lenders

Yes, it is still possible to find Florida mortgage lenders that offer No Income, No Job, No tax return, No W2, No 1099, No Doc, No paystub, NO IRS Transcripts, No Checking account, No Bank Statement, Florida mortgage lenders. For example, our Florida bank statement mortgage lenders will allow you to average 3 or 12, or 24 months of bank statement deposits as long as you have been in the same line of work for almost 2+ years.. These bank statements, Florida mortgage lenders can be a great option for cash businesses or self-employed contractors that have been in business for less than 1 year self employed mortgage applicants who cannot show enough income, and/or have NOT yet filed their Tax returns. 

No Tax Return Property Types Include:

• Single-family home – No Tax Return Mortgage Lenders
• Luxury Jumbo – No Tax Return Mortgage Lenders  
• Townhouse- No Tax Return Mortgage lenders 
• Manufactured home – No Tax Return Mortgage Lenders  
• Co-op – No Tax return Florida Mortgage Lenders 
• Condotel  – No Tax Return Mortgage Lenders 
• Investor Loans- No Tax Return Mortgage lenders 

No Tax Return Mortgage Program Overview

The Florida Mortgage Builder program is a unique opportunity in which a purchase transaction is completed by an eligible government entity that enters into a lease-to-own and long-term purchase agreement, or structured financing agreement, with qualified Florida Homebuyers, thereby allowing Florida homebuyers to purchase the property.

No Tax Return Mortgage Requirements

• Purchase for Primary Residence for Homebuyer(s)
• 580+ Credit Score preferred with verified, timely rental history for 12 mos
• Savings 5% down payment + Seller can pay closing costs up to 6% of the sale price.
• Exceptions may be considered on a case-by-case basis
•US Citizens, permanent residents, Non permanent including ITIN, DACA.

No Tax Return Mortgage Program work

When a Florida Homebuyer does not qualify for traditional FHA mortgage financing, the MortgageBuilder program offers a new and exciting way for the Homebuyer to ultimately enter homeownership.

Step 1: The borrower submits a fully completed application to the Mortgage Builder Homebuyer Program for review.• Qualifying documentation must be uploaded to the loan in the portal. Required documentation includes, but is not limited to, income and assets, as well as any supporting credit history documentation (housing, alternative tradelines, credit event details, etc.), identification, LOEs, etc.• Note: A review will not be completed until all qualifying documentation is received and confirmed.

Step 2: Once the Homebuyer(s) have selected a property of their choice, the Homebuyer(s) enter into a purchase agreement with the property seller for the selected property.• The property must meet the MortgageBuilder eligibility and guideline requirements to be livable, move-in ready.• The “buyer” portion of the contract MUST identify the Homebuyer’s name(s), in addition to “and/or assigns”.• The Homebuyer(s) MUST execute the Assignment Addendum to Purchase & Sale Agreement to transfer the contract to the approved eligible government entity (the entity purchasing the property on behalf of the Homebuyer(s)).• Mortgage loan originator will provide the executed contract with all addenda (including Seller’s Disclosure) to the Florida mortgage lender for approval.

Step 3: The Homebuyer’s) name will be retained within the portal as the Homebuyer/Tenant, and the borrower on the transaction will be transitioned to the FHA-eligible government entity.• The FHA investment purchase will be identified within your portal pipeline on behalf of the borrower.

Step 4: The subject property appraisal must be ordered, completed, then reviewed and approved to guideline requirements. All conditions related to the property must be addressed and satisfied.• The borrower will pay for the appraisal; the mortgage lender will order the appraisal on behalf of the Broker/Homebuyer(s).

Step 5: The Homebuyer(s) sign the Homeownership Agreement and remit all funds for closing to the title company.

Step 6: The purchase transaction is closed at an approved title company.

Step 7: The Homebuyer(s) move into the property and begin their journey toward owning the home! • The option purchase price reduces with each monthly payment made by the Homebuyer(s). All appreciation acquired from the date of closing until the Homebuyer(s) purchase the property belongs to the Homebuyer. • At any time, the Homebuyer(s) can sell the home, purchase the property from the FHA-eligible government entity, or assume the existing FHA loan on the property.

No Tax Return Mortgage Locations: