No Need to Furnish Tax Returns


While most traditional mortgage loans require a borrower to furnish their income tax returns, stated income home loans do not have any such requirement. We can help you, visit us today.

Stated Income Loans in 2015 Required No Income Documents


How Mortgage Loans Have Changed in 2015 Qualifying for a mortgage after 2008 became very restrictive, especially for people who do not have abundant or stable income. People who show less income on their tax returns have not had the option to refinance or purchase real estate by getting a conventional loan from a lending… [Read More]

Stated Income Loans in 2016: Yes, They Are Coming Back


Just a few years ago, stated income loans were very popular and there were plenty of stated income lenders who had flexible guidelines and low stated income rates. Then the credit crisis hit and lenders began pulling their stated income mortgage programs. As lenders began to stop offering stated income loans, many small business owners… [Read More]

Reasons for stated income loans


These loans are nominally intended for self-employed borrowers, or other borrowers who might have difficulty documenting their income. Stated income loans have been extended to customers with a wide range of credit histories, including subprime borrowers. Stated income loans fill a gap of situations which normal loan standards would not approve. For example, a standard… [Read More]