No-Ratio / No-Doc · Marina del Rey, CA
No-Ratio (No-Doc) Loans in Marina del Rey — No Income Documentation, Primary Residence
A no-ratio loan in Marina del Rey lets you finance a primary residence with no income or employment stated and no tax returns — you qualify on credit, reserves, and the property. It's a non-QM program up to $2.5M, with leverage set by your credit score. Save Financial (NMLS #377740), a local broker at 13763 Fiji Way, Suite EU2, shops no-ratio lenders. Call (310) 759-4757.
The Westside is full of buyers who are asset-rich but hard to document — founders taking distributions, consultants with heavy Schedule C write-offs, retirees living off investments. A no-ratio loan is built for exactly them: no income or employment stated, no tax returns, and no debt-to-income ratio calculated at all. You qualify on your credit, your reserves and assets, and the property instead. It's a non-QM program for a primary residence up to $2.5M, and on high-value Westside homes the leverage you can reach scales with your credit score.
Looking for a No-Ratio / No-Doc Loan Near You in Marina del Rey?
Our Westside home office lets an asset-rich, hard-to-document buyer meet a licensed loan officer in person, review credit and reserves, and see exactly what leverage their score unlocks — not through a distant call center.
Save Financial — Marina del Rey office
13763 Fiji Way, Suite EU2, Marina del Rey, CA 90292
Phone: (310) 759-4757
Hours: Monday–Friday 8:00 AM–5:00 PM, Saturday 10:00 AM–2:00 PM (Sunday closed) PT
The office is just off Fiji Way near the main channel of the marina, with convenient parking and quick access from Lincoln Boulevard and the 90 Marina Freeway. We serve Westside buyers from our Marina del Rey office across the neighborhoods below.
Areas We Serve Near Our Marina del Rey Office
Here is how a no-ratio loan tends to fit for buyers across the areas we cover from Marina del Rey:
- Marina del Rey: asset-rich condo and home buyers qualifying without income docs.
- Venice: founders and consultants with big write-offs using a no-ratio loan.
- Playa del Rey: coastal buyers qualifying on credit, reserves, and the property.
- Playa Vista: self-employed condo buyers who prefer not to document income.
- Santa Monica: high-value primary-residence buyers using non-QM leverage.
- Culver City: business owners near the studios qualifying on assets, not returns.
- West Los Angeles: retirees and investors living on distributions, not W-2 income.
- Mar Vista: single-family buyers with strong credit and reserves, no income stated.
- Westchester: Kentwood buyers qualifying on the no-ratio structure.
These are service areas of our Marina del Rey office, not separate offices.
How a No-Ratio Loan Works
On the Westside, plenty of well-off buyers simply can't show income the way a traditional lender wants. A no-ratio loan answers that: it's a non-QM mortgage for a primary residence that states no income and no employment, asks for no tax returns, and — since nothing is stated — calculates no debt-to-income ratio. Approval rests on your credit, your reserves and assets, and the home. Loans run from $100,000 to $2.5 million; anything over $2M takes two appraisals.
Here's the part to get straight before anything else: your credit score, not a paystub, sets how much you can borrow against the home. An 80% loan and a 640 score do not go together — the tiers step up with your score:
| Credit score | Max LTV — purchase / rate-and-term | Max LTV — cash-out |
|---|---|---|
| 640 | Up to 65% | Up to 60% |
| 660 | Up to 70% | Up to 65% |
| 680 | Up to 75% | Up to 70% |
| 700 | Up to 75% | Up to 75% |
| 720+ | Up to 80% (program max) | Up to 75% |
Reserves run as low as 6 months, rising to 9 months at the top 80% (purchase) and 75% (cash-out) tiers, with 30-day asset seasoning. On a cash-out at 70% LTV or below, the cash you pull out can count toward the reserve requirement, and debt consolidation is treated as rate-and-term (up to 80%). It's a natural fit for a Westside founder or investor whose returns don't reflect their real means.
Note it's primary-residence only — for a Westside rental with no income docs, a DSCR loan (qualified on the property's rent) is the tool instead; just ask. The no-ratio program is a non-QM loan for a primary residence; all loans are subject to credit approval, reserve and asset verification, and property review. Save Financial, NMLS #377740, DRE #01875766, Equal Housing Opportunity.
Common No-Ratio Scenarios for Westside Buyers
- An established Westside business owner who writes off most of their income.
- A consultant with a 720+ score financing a Santa Monica home at up to 80% LTV.
- A retiree living on investment distributions, qualifying on reserves and assets.
- A 640-score buyer bringing 35% down (capped at 65% LTV) on a Venice purchase.
- A homeowner rolling high-interest debt into a rate-and-term no-ratio refinance.
Is a No-Ratio Loan Right for You?
- You're buying or refinancing a Westside primary residence (investors: see DSCR).
- Your income is hard to document, but your credit (640+) and reserves are strong.
- You understand LTV is tiered by score — 80% needs 720, 640 caps at 65%.
- You can show 6–9 months of reserves with 30-day seasoning.
No-Ratio vs. Bank Statement vs. DSCR
These are the main ways to qualify without tax returns. Here's how they differ:
| For a Westside borrower | No-Ratio | Bank Statement | DSCR |
|---|---|---|---|
| Income documents | None — nothing stated on the application | 12–24 months of bank statements | None; the rental income does the work |
| DTI calculated | Never (no income is stated) | Yes, from your deposits | No — replaced by the DSCR ratio |
| What underwriting looks at | Your credit, reserves, assets, and the home | The pattern of your bank deposits | The property's own rental cash flow |
| Occupancy allowed | Primary residence only | Primary home or investment | Investment property only |
| Maximum loan | $2.5M | Program-dependent | Program-dependent |
| Who it suits | Westside founders, consultants, and retirees with strong credit who won't document income | Self-employed with steady deposits | Landlords qualifying on rent |
No-ratio is the purest no-doc option for a primary residence; bank-statement and DSCR fit other situations. We'll match you to the right one.
Why Work With a Local Marina del Rey Mortgage Broker?
No-ratio is a non-QM niche where lender guidelines and LTV tiers vary widely — broker access lets us place your file where your score and reserves earn the most leverage. Our office is in Westside, so we know local values, condo and high-value properties, and how to package an asset-based file cleanly.
Meet us in person, review credit and reserves, and get straight answers from a licensed local loan officer. Call the Marina del Rey office directly at (310) 759-4757. The no-ratio program is a non-QM loan for a primary residence; all loans are subject to credit approval, reserve and asset verification, and property review. Save Financial, NMLS #377740, DRE #01875766, Equal Housing Opportunity.
How to Get a No-Ratio Loan with Save Financial
- Tell us your target Westside price, your credit range, and your reserves/assets. Start online or call (310) 759-4757.
- We map your score to its LTV tier and confirm reserve and seasoning requirements.
- We shop no-ratio (non-QM) lenders and issue your pre-approval — no income documented.
- You make your offer, and we take the file to close on your primary residence.
Serving Marina del Rey: Save Financial arranges these loans in Marina del Rey and across Westside Los Angeles from our Marina del Rey office. We are a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766), Equal Housing Opportunity, and shop multiple lenders for your best terms. This page is informational and not a commitment to lend; all loans are subject to credit approval, income and property review, and program availability. Call 310-759-4757 or apply online.