No-income or income qualifier mortgage

Portuguese translation: Hipoteca para pessoas sem renda ou rendimentos elegíveis.

10:43 Aug 1, 2020
English to Portuguese translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: No-income or income qualifier mortgage
It’s a no-income or income qualifier mortgage that is available to non-landed immigrants.
Ana Ribeiro
Portugal
Local time: 13:04
Portuguese translation:Hipoteca para pessoas sem renda ou rendimentos elegíveis.
Explanation:
A Non-Qualified Mortgage (Non-QM) is any home loan that doesn’t comply with the Consumer Financial Protection Bureau’s existing rules on Qualified Mortgages (QM)
Selected response from:

Jurandi dos Reis Junior
Brazil
Local time: 10:04
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2Hipoteca para pessoas sem renda ou rendimentos elegíveis.
Jurandi dos Reis Junior
5hipoteca/financiamento sem renda ou com base em renda qualificada
Neyf Almeida
4 +1Hipóteca elegível para pessoas sem renda
JEFFERSON HERMESDORFF
4Hipoteca para pessoas sem rendimento ou rendimentos condicionados.
Nick Taylor


Discussion entries: 3





  

Answers


12 mins   confidence: Answerer confidence 5/5
no-income or income qualifier mortgage
hipoteca/financiamento sem renda ou com base em renda qualificada


Explanation:
Ref: https://www.verico.ca/income-qualifier/

Pelo que eu entendi, seria uma hipoteca ou financiamento que pode ser fornecido para pessoas sem renda ou com base em algum rendimento que se qualifica/é considerado como renda.

Bom trabalho!

Neyf Almeida
Brazil
Local time: 10:04
Works in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 12
Login to enter a peer comment (or grade)

36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
Hipoteca para pessoas sem renda ou rendimentos elegíveis.


Explanation:
A Non-Qualified Mortgage (Non-QM) is any home loan that doesn’t comply with the Consumer Financial Protection Bureau’s existing rules on Qualified Mortgages (QM)


    https://angeloakms.com/breaking-non-qm-correspondent-lending/
Jurandi dos Reis Junior
Brazil
Local time: 10:04
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 8
Grading comment
Selected automatically based on peer agreement.
Notes to answerer
Asker: "income qualifier mortgage"... não é a mesma coisa.


Peer comments on this answer (and responses from the answerer)
agree  Leandro Silva
5 days

agree  Antoine Rodrigues
5 days
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
no-income or income qualifier mortgage
Hipoteca para pessoas sem rendimento ou rendimentos condicionados.


Explanation:
Hipoteca para pessoas sem rendimento ou rendimentos condicionados.

Nick Taylor
Local time: 13:04
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28
Login to enter a peer comment (or grade)

4 days   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Hipóteca elegível para pessoas sem renda


Explanation:
The slang term NINJA loan applies to credit extended to a borrower with no income, no job, and no assets.

Referência:
https://www.investopedia.com/terms/n/nina.asp

Empréstimos NINJA (acrônimo de “no income , no job and n o a s s e ts ” — sem renda, sem emprego e sem ativos a famílias que não se qualificariam a um financiamento imobiliário. Os corretores não concediam esses empréstimos arriscados, mas os vendiam em troca de uma tarifa depois de sua aprovação.

Referência:
MANKIW, N. G. Introdução à Economia. Rio de Janeiro: Editora LTC, 2015.

--------------------------------------------------
Note added at 4 days (2020-08-05 14:48:27 GMT)
--------------------------------------------------

Corrigindo a bibliografia:
Referência:
MANKIW, N. G. Macroeconomia. Rio de Janeiro: Editora LTC, 2015.

JEFFERSON HERMESDORFF
Brazil
Local time: 10:04
Specializes in field
Native speaker of: Portuguese

Peer comments on this answer (and responses from the answerer)
agree  Tatiana Elizabeth: Hipoteca elegível para pessoas sem renda
6 days
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search