No Income Verify Assets (NIVA) Loan

A No Income Verify Assets (NIVA) Loan is a type of mortgage or business loan where the lender does not require proof of income but verifies the borrower’s assets to determine eligibility. This type of loan is designed for individuals with significant assets but non-traditional or hard-to-document income.

Who Can Benefit from a NIVA Loan?

✅ Self-Employed Individuals – Business owners, freelancers, and independent contractors.
✅ Real Estate Investors – Those with rental income but complex tax returns.
✅ Retirees – Borrowers with large savings or investment accounts but no active income.
✅ High Net Worth Individuals – People with substantial liquid assets but low taxable income.
✅ Commission-Based Professionals – Realtors, sales agents, and financial advisors with fluctuating earnings.

Key Features of NIVA Loans

✔ No Income Verification Required – No tax returns, W-2s, or pay stubs needed.
✔ Asset-Based Qualification – Approval is based on liquid assets, savings, and investments.
✔ Flexible Loan Terms – Interest rates and terms vary based on credit score & asset value.
✔ Ideal for High-Asset, Low-Income Borrowers – Perfect for those with strong financial portfolios.
✔ Available for Home & Business Loans – Can be used for home purchases, refinancing, or investment properties.

Typical Requirements for NIVA Loans

📌 Bank & Investment Account Statements (6–12 months of statements)
📌 Credit Report & Score (higher scores get better rates)
📌 Proof of Assets (stocks, bonds, cash reserves, or real estate holdings)
📌 Large Down Payment (for Mortgages) – Usually 20-30% down
📌 Debt-to-Asset Ratio Review – Ensures borrower has enough financial stability

Why Choose a NIVA Loan?

🔹 No Need for Tax Returns – Great for those with significant deductions or fluctuating income.
🔹 Easier Approval Process – Streamlined underwriting based on asset verification.
🔹 Helps High Net Worth Borrowers Secure Financing – Especially useful for investors and retirees.