A Guide to NINA Loans

KEY TAKEAWAYS

• A no-income, no-asset (NINA) loan is a type of mortgage loan that doesn’t require borrowers to share their personal financial information. 
• NINA loans are no longer available for owner-occupied properties. 
• NINA loans might be the right choice for investors who take deductions on their tax returns and want to qualify for a loan using the investment property’s rental income instead of personal income or assets.