“Alt. Income Doc” Program – Sometimes, borrowers do have enough income currently but do not meet the guideline for full docs loan because of 2 years history, stability of income or change or industry, etc.

However, Junie offers various programs that can accommodate different types of income.

Specification

• 1099 only
• Verbal VOE (Verification of Employment) by employer
• Written VOE by employer
• P&L – CPA prepared
• P&L -borrowers prepared – Self-Employed only
• 1 year tax return
• Bank statement only (3 or 12 or 24 months) – Can be wage earner

The information provided above is a general overview and guidelines are subject to change at any time. For specific details, please get in touch with Junie without delay.