Alt doc loans

Alt Doc Loans Explained

A loan can help in so many different ways. If you’re like so many other people in the country, getting a loan could open up an entirely new life. Maybe it could get you into a home, or perhaps it could help you to get that fresh start you’ve been looking for, or basically anything else. With the right loan, you could take control and live the life that you want to live. At US Direct Lender, we’ve helped so many to get the loans that let them live on their terms. Alt doc loans are one of the more popular ways we have of doing so.

Alt Doc Loans With us

“Alt Doc” stands for “Alternative Document” (or “documentation,” depending on who’s using the phrase). While anyone can use their tax returns to qualify for a loan, some people either don’t have those documents or prefer not to use them. At US Direct Lender, we don’t believe that should preclude you from getting the loan that you want. Instead, we believe that you should be able to use other forms of documentation to get the loan that you want. Hence, our alternative document loans.

Different Kinds of Loan Documents

It’s important to note that every single person and loan situation is different. What works for one person may not work for another. Indeed, that’s a major part of where the “alternative document” part came from in the first place. So, you may want to use assets as collateral. Some people have used bank statements. It’s important to note that we can work with you what kind of documentation you need for your loans. When you contact us, we can sit down with you and figure out the right kinds of documents that you’ll need for your loans.

Alt doc loans

No Doc Loans, Too

In addition to the alt doc ones, we also have loans that are considered “no doc.” These are loans where you don’t have to show any kind of documentation whatsoever. There’s a true kind of freedom in this loan. Instead of having to fork over reams of documentation over a period of time, instead you simply… don’t do that. Again, we can help you through the specifics of this. If you don’t want to get together all of your documentation, or simply can’t, then these loans might be a great way forward for you.

All Different Kinds of Loans

It can be frustrating when you see others living the life that you would want to lead. You may think: “if I just had a loan…” and then trail off when you realize you might not have the documentation that others do. There is a way to get that loan. There is a way to jump start your life. We understand that all this talk of “alt doc” and “no doc” can be a little confusing. That’s why we’re available to answer any of your questions. Simply call us at (626) 460-8900 for more information.

No Comments

Be the first to start a conversation