Are no income verification loans any good?

In the owner occupied home world, there is no such thing as no income verification or no doc type loans. The rules require all applications prove, document, and verify enough income to safely afford the payment. You can potentially get some alternative income proof loans, like bank statement deposits for income (if self employed), and asset based programs where you have a ton of money in the bank... But true no doc doesn't exist. You can find more details on some of these programs at https://joemetzler.com/no-doc-loans/ - I lend in MN, WI, IA, ND, and SD. Cambria Mortgage, NMLS 274132