How to Borrow on Your House Without Income
Mortgage lending has changed tremendously since the financial and housing collapse of 2007-08. At the height of the housing bubble, traditional mortgage lending guidelines were bent, if not broken, to allow people with little to no documented income to get loans. These low-doc loans meant that borrowers, largely self-employed who could not verify income or assets for conventional mortgages, could obtain financing, though typically at a much higher interest rate, and many were able to take cash out. However, the bubble's collapse all but eliminated those creative lending options.

How to Borrow Money for a Non-Conventional House
Banks and lenders tend to be very conservative when it comes to the kinds of construction for which they will lend money. Their main concern is that their investment isn't at risk, so they prefer to make construction loans on houses that are being built in predictable and widely used ways. Straw bale construction, off-grid homes and other innovative construction methods can set off alarms in a banker's mind and make it difficult to acquire a conventional loan.

How to Use 401k Savings to Buy a House
Dropping home prices and poor market performance over the past several years have many people eying their retirement plans as a source of down payment funds. Many 401k plan documents make this option seem easy, allowing in-service hardship withdrawals for a first-time home purchase. While 401k funds are a good choice for some, there are a number of things to consider before finalizing the withdrawal.

How Much Money Do I Need to Buy a House?
Purchasing a home will require that you save some money to show lenders that you are financially stable and responsible. Decide what kind of property you want and how much you can afford to pay. Based on this information, you can determine how much money you will need for the down payment.

Can You Borrow Money From a 401k to Buy a House?
Money in a 401k retirement account can be borrowed for the purchase of a house. The account holder can use the money in the account for whatever reason, but needs to be wary of the tax implications and penalties.

How to Buy a House Without Money
Closing on your new home is a wonderful feeling. Unfortunately, the home-buying process is expensive, and most buyers have to save money for a down payment and settlement fees. Rather than wait until you've saved thousands of dollars for mortgage-related expenses (which can take several years), consider practical ways to buy a house without money.

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