Understanding Modern No-Doc Financing
In 2026, “No-Doc” does not mean no documentation; it means Alternative Documentation. This guide breaks down the three main types of loans currently available for high-net-worth and self-employed individuals.
1. Bank Statement Loans
Lenders analyze 12 to 24 months of business or personal bank deposits to determine “Effective Income,” rather than looking at the bottom line of your tax returns.
2. DSCR (Debt Service Coverage Ratio)
For investment properties, the lender cares only if the property’s rent covers the mortgage payment. Your personal income is irrelevant.