VOE ONLY
What is a VOE Only Loan?
A VOE (Verification of Employment) Only Loan allows W-2 wage earners to qualify for a mortgage using just employment verification—no tax returns, pay stubs, or bank statements required.
Who is it for?
Perfect for full-time employees with steady income who may have complex tax situations, limited paperwork, or high deductions on tax returns.
Streamlined Income Verification
Instead of traditional documents, lenders verify income directly through your employer, often using a standard VOE form or third-party service.
No Tax Returns Needed
Great for employees who itemize heavily or have write-offs that lower reported income but still have consistent earnings.
Faster Loan Approval
Less paperwork means quicker processing, faster approvals, and a smoother path to closing.
Ideal for Simplified Scenarios
Best suited for borrowers with straightforward employment histories and minimal job gaps over the past two years.
W-2 Income Only
Only base W-2 income is considered. Overtime, commissions, or bonuses may not be counted unless verified.
Flexible Qualification Option
Helps borrowers who may not qualify under full-documentation guidelines but can prove stable income via employment verification.
Not for Self-Employed or 1099 Earners
Must be a W-2 wage earner. Self-employed borrowers should consider Bank Statement or P&L-Only loans instead.
Great for First-Time Buyers
Especially useful for those new to the workforce or who don’t yet have a complex financial history.
Employment Stability is Key
A two-year history with the same employer or in the same industry is typically required.
Available for Primary Residences
Usually applicable for owner-occupied properties, with limited availability for second homes or investment properties.
Loan Amounts and Rates Vary by Lender
VOE programs may offer competitive rates but often depend on credit score, employment history, and loan amount.
Backed by Non-QM Lenders
VOE Only Loans are typically offered by non-traditional or Non-QM lenders—not by Fannie Mae or Freddie Mac.
Simple, Smart, and Efficient
A modern solution for W-2 workers who want a clean and stress-free mortgage experience.
