No Income Home Loans

Written by Rob Breiner

August 1, 2023

Today we discussed 2 different home loan options that don’t require any personal proof of income or employment. The DSCR home loan for investors, and the Community Mortgage for occupant owners (primary or vacation home).

DSCR = Debt Service Coverage Ratio

Key Points:

  • Purchase or refinance
  • Investment property only
  • 20%+ down
  • 620+ FICO
  • 3-6 months reserves
  • Up to 10 units
  • Qualify with the subject property rent (including STR)
  • Your existing debts don’t matter (no DTI)
  • Can close with title held in an LLC
  • No ratio option with 35% down


Community Mortgage

Key Points:

  • Purchase or refinance
  • Owner occupied only (primary or vacation home)
  • 20%-35% down
  • 640+ FICO
  • 12-24 months reserves
  • US Citizen, perm or non-perm resident
  • No proof of income
  • No employment verification
  • No DTI requirements
  • 1 day after BK OK
  • Down payment can be a gift

Click here to apply for a home loan


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Robert Breiner. Licensed Loan Officer NMLS# 1199942 | BRE# 01960372 Golden Bear Capital Inc. DBA Click Mortgage | 10174 Old Grove Road Suite 140​, San Diego, CA 92131​ | Phone: 888-440-3001 | Fax: 888-500-5815 Golden Bear Capital Inc. DBA Click Mortgage (NMLS# 284021) is licensed by the California Department of Business Oversight (CFL License# 603H185) and the California Bureau of Real Estate (License #01847011), Nevada Division of Mortgage Lending License #4043), Utah Division of Real Estate (License #6332409), Washington Department of Financial Institutions (CL-284021).

We are licensed to lend in the following states: Arizona, California, Colorado, Florida, Missouri, Nevada, Texas, Utah, & Washington | NMLS Consumer Access