Employment Verification Loan
Just one signature from your employer
This is the shortest process available for a salaried employee. The lender verifies your job directly with the company and asks you for no other income document.
- Down from
- 10%
- Minimum score
- 660
- Documentation
- Employment letter
What sets it apart
- A single verification of employment form signed by your employer
- No W2s, no pay stubs and no tax returns
- You need two years or more with the same employer
- It is the fastest route to closing when the seller is in a hurry
Who it is for
Employees with several years at the same company who would rather not assemble a document package.
Does this sound like your situation?
Prequalify in three minutes and we will confirm whether this is the right program for you or which one suits you better.
Prequalify for this programOther programs
ITIN and DACA Loan
Buy a home without a Social Security number
If you file taxes with an ITIN or you hold DACA status, you can buy a home. These loans do not come from the government but from banks that accept your ITIN as valid tax identification.
Bank Statement Loan
Qualify on what comes into your account
When you work for yourself, your tax returns show far less than you actually earn because deductions bring the number down. This program looks at your account deposits instead of your tax returns.
Profit and Loss Loan
One document from your accountant
This one is built for business owners whose real income never shows up on their tax returns. You qualify with a profit and loss statement prepared by an accountant and no bank statements get reviewed.
Electi Financial Solutions manages and supports your financing application. Loans are originated and funded by our lending partner under its own NMLS license. Electi is not a bank or a lending institution.
The figures shown are general parameters of each program and do not constitute a loan offer or a commitment to lend. Down payment, score and documentation requirements are set by the lender and vary based on your profile, the property and market conditions. All approvals are subject to full underwriting.
Equal Housing Opportunity. We comply with the Fair Housing Act and with the Equal Credit Opportunity Act.