Written Verification of Employment Mortgages

WVOE Mortgage Program Highlights

What is a WVOE Loan?

A WVOE Loan allows borrowers to qualify for a mortgage using a Written Verification of Employment (WVOE) instead of providing the traditional documentation like pay stubs, W-2s, or tax returns. The WVOE document is typically filled out by your employer and provides verification of your income directly from the source.

These loans are part of our Non-QM loan options, making them perfect for individuals whose financial situations might not fit the traditional mold but who still have steady, verifiable income. Whether you're employed on a salary or hourly basis, this program can work for you.

Benefits of WVOE Loans:

• No Pay Stubs or Tax Returns Required: Qualify based on your employer's written verification of your income.
• Flexible Income Documentation: Ideal for borrowers who might not have consistent pay stubs or clear documentation of income.
• Available for Various Employment Types: Whether you're salaried or hourly, a WVOE loan can help.
• Higher Loan Amounts Available: Non-QM loans often allow for higher loan amounts compared to traditional loans.
• Fast and Simple Process: The verification process can be faster than gathering traditional income documentation, allowing for a smoother path to closing.

Who Should Consider a WVOE Loan?

• Borrowers who do not have traditional income documentation, such as recent pay stubs or tax returns.
• Those who have a consistent income verified by their employer.
• Anyone wanting a more flexible approach to mortgage qualification compared to conventional loans.

This loan is also well-suited for borrowers who are salaried but might face difficulties in showing consistent pay or tax records due to a recent job change or other factors that can complicate the traditional mortgage approval process.

Key Features of WVOE Loans:

• Loan Amounts Up to $5 Million: Borrow what you need for your home.
• Low Documentation Requirements: Written verification from your employer simplifies the qualification process.
• Flexible Credit Requirements: We look at your full financial picture, so even if your credit score isn’t perfect, you may still qualify.
• Multiple Property Types: Available for primary residences, second homes, and investment properties.
• Competitive Interest Rates: Enjoy the benefits of a Non-QM loan while securing competitive terms.