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Mortgage Loan Glossary

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No income verification mortgage loan

A no income verification mortgage loan is a type of mortgage loan you can get without having verifiable income. So to get a no income verification mortgage loan, you only need a down payment. No income verification required!

Non-verifiable income

Non-verifiable income is when you don't have steady, provable income like employment or investment income (i.e. you're self-employed). Non-verifiable income is the opposite of verifiable income.