No-DTI Loans
Debt-to-income ratio is the number that kills more mortgage applications than any other — and it punishes exactly the people who’ve arranged their lives around assets instead of paychecks. A no-DTI (no-ratio) loan skips the income math entirely: you qualify on credit score, assets, and reserves. No income documentation, no employment verification.
Buying, selling, or planning a trip? Call or text Marcos: (859) 310-1209 · Send an inquiry
What You Can Use It For
- Borrowers with strong portfolios but modest reportable income
- Business owners whose tax returns are legitimately optimized down
- Recent windfalls — a sale, inheritance, or settlement — before an income history exists
- Anyone whose DTI fails the formula while their balance sheet says otherwise
Why Borrowers Choose It
- No income documentation and no employment required — the two biggest paperwork walls, gone
- Qualification rests on what you can prove today: credit, assets, reserves
- Loan amounts up to $3 million
- Primary and secondary homes both eligible
Program Highlights
- No income documentation and no employment required
- Qualify with FICO score, assets, and reserves
- Primary or secondary homes only
- Minimum FICO 640
- Loan amounts from $100K to $3 million
- SFR, 2–4 units, condos, and PUDs
Highlights reflect lender program guidelines at the time of writing — programs change, and your terms depend on your full application.
Who Uses This Locally
The classic local file: someone who sold a farm, a business, or Lexington property and holds real assets, but whose reportable income no longer looks like a W-2. Asset-based qualifying lets them buy the next place — often a Gorge cabin or a retirement home closer to family — without contorting their finances to satisfy a ratio.
Common Questions
Is this the same as the “stated income” loans from 2008?
No. Stated-income loans let borrowers claim income nobody verified. No-DTI loans verify everything they rely on — your credit and your assets are documented hard; the loan simply doesn’t rest on an income calculation at all.
What do reserves mean here?
Months of housing payments you hold in verifiable accounts after closing. Strong reserves are the backbone of this qualification, so expect the asset documentation to be thorough even though income docs are zero.
Self-employed with steady deposits? Bank statement loans may price better.
Let’s Talk About Your Loan
Marcos Gil · REALTOR® · Your local guide to Red River Gorge financing options
Equal Housing Lender. This is not a commitment to lend or extend credit. Programs, rates, terms, and conditions are subject to change without notice; all applicants are subject to credit and underwriting approval, and not all applicants will qualify. Program details shown reflect available lender guidelines at the time of writing and may differ at application. Consult your accountant about tax matters. The loan programs described on this page are offered by licensed third-party lenders, not by Marcos Gil. Marcos is a licensed Kentucky real estate agent — not a mortgage loan originator — and can introduce you to a licensed loan officer for any program here. Verify any lender or loan officer at NMLS Consumer Access: nmlsconsumeraccess.org.
Ready to talk about a real purchase? A free consultation puts local eyes on your plan — and connects you with the right licensed lender for this loan type.
Thinking About the Gorge?
Whether you’re buying a cabin, selling one, or just planning a first visit — talk to someone who lives and works here. Call or text, or send an inquiry and get a same-day reply.