Building equity and value—wealth over time
No Tax Returns?
You can still buy the
home of your dreams with
No Return Mortgage™
Do you want to apply for a mortgage loan but don’t have or cannot use your tax returns? This is a problem faced by many Americans who want to own their own home. Traditionally, this would make it impossible to get a loan, but with Sidwell’s W-2 mortgage solution, or as we like to call it, the No Return Mortgage™, getting into your own home is no longer a dream, but a reality.
A No Return Mortgage™ is simply a mortgage solution wherein the borrower presents their pay stubs and W-2 forms to verify income, instead of the traditional qualifying trinity of tax returns, pay stubs and W-2 Forms. In essence, you simply leave the tax returns at home (or unfiled if that’s the case).
So if you haven’t filed taxes, or you’re deducting massive hobby losses, home business losses, unreimbursed losses for employee expenses, or face any other tax return related issue, there’s no longer a reason to worry. We’ve got you covered and we’ll get you funded.
Owning your own home is a part of the American Dream, and with it comes many benefits:
Freedom to renovate or modify your home as you please
Install green energy components to save costs and improve the environment
Deduct interest from your mortgage payments
Enjoy the dignity and pride of home ownership
A private place for your children and pets to roam and play
Your home is your castle where you’ll ultimately be in control of your family’s comfort, stability and security
To find out more about Sidwell’s No Return Mortgage™ please complete the form below:
“I’m a single mom who owns an older home. In addition to my job I have a jewelry business that I run from home. I needed to refinance to replace the roof and plumbing system. However, I could not get a loan because
during my first 2 to 3 years in business I deducted losses of $12,000 or more, per year. Both my existing lender and my credit union said the loss deductions had to be offset against my income and doing so meant I would not qualify for the loan. My attorney referred me to Sidwell Mortgage where I obtained a loan that did not require tax returns (W-2s only). I was able to qualify with my W-2 income, improve my home, lower the interest rate and payment, and continue my home based business. I would tell anyone to not give up. Different lenders have different programs & Sidwell had the program for me. Give them a call. You may be pleasantly surprised. I was!”-Karla D.