A No Income No Asset (NINA) loan is a type of Non-QM (Non-Qualified Mortgage) financing that does not require borrowers to verify or disclose their income or asset information. Instead, qualification is based primarily on credit score and the value of the property being financed.
A NINA Loan is a specialized mortgage product tailored for borrowers who either cannot or choose not to provide traditional financial documentation. With a NINA loan, lenders forego income and asset verification altogether, making it an ideal solution for individuals with non-traditional income, privacy concerns, or unique financial situations.
This loan type belongs to the broader category of Non-QM loans and provides access to real estate financing without the need for tax returns, pay stubs, bank statements, or asset disclosures. Approval is based on the borrower's credit profile and the property’s loan-to-value (LTV) ratio.
NINA loans are often used for investment properties or second homes, especially by self-employed borrowers, freelancers, or those with fluctuating income who prefer a streamlined, documentation-light approach to financing.
NINA loans offer unmatched discretion and simplicity. They remove the traditional barriers of income and asset verification, providing a path to property ownership or refinancing for borrowers who don’t fit within conventional guidelines.
This is particularly advantageous for borrowers with strong credit and significant property equity who want to avoid the delays and complexities of traditional underwriting.
NINA Loans provide a range of compelling benefits:
Here’s how the NINA Loan process typically works:
NINA loans are especially suited for:
If you're looking for a flexible financing solution that doesn’t require tax returns, pay stubs, or bank statements, and you have solid credit and equity in your property, a NINA loan may be the right option for you. This loan provides an efficient path to real estate financing with minimal documentation.
