“No-income mortgage loans offer a lifeline to borrowers without traditional income proof. Typically designed for self-employed individuals but can be used by non-self-employed individuals too. Typically, a borrower with irregular income. These loans assess creditworthiness through alternative means like bank statements and/or assets. While they widen access to homeownership, they often carry higher interest rates and stricter eligibility criteria. Borrowers should weigh the risks carefully, considering potential fluctuations in income and affordability. Lenders mitigate risks by limiting loan-to-value ratios and requiring larger down payments. Understanding the terms and responsibilities is crucial before embarking on this unconventional financing route.” As the borrowers guide, I’m here to determine what may be the best route for you.