How to Play the Mortgage Game if You’re Self-Employed

AFC_Postselfemplmort_

Mortgage lenders have tightened requirements across the board in the wake of the housing crisis, but now—even as the workforce increasingly moves away from traditional 9-to-5 employment—self-employed borrowers have a tougher time securing a mortgage. It’s an issue felt by many, as the Small Business Administration reported that the number of Americans who were self-employed… [Read More]

Proof of Employment Is Not Required

MP_Image-5

For those borrowers who want to apply for a stated income mortgage loan, they will NOT be asked to provide any proof of employment. We can help you, visit us today.

Stated income loans make comeback as mortgage lenders seek clients

Get Pre-Approved for a Stated Income Loan

“Mortgage applicants who can’t provide tax returns or pay stubs to show their income are getting stated income loans again as companies such as Unity West Lending and Westport Mortgage chase customers they can no longer afford to ignore. Lenders say these aren’t the same products as the so-called “liar loans” that were pervasive before… [Read More]

Reuters: Stated Income Loans Re-emerge In Mortgage Market

AFC_Post_mortgage

An increase in stated income loans is being seen in the mortgage space as lenders seek new ways to attract clients, Reuters reports. The loans, which are for those who can’t provide tax returns or pay stubs to show their income, are making a comeback as companies such as Unity West Lending and Westport Mortgage chase… [Read More]

Stated Income Loans Come Back in 2016 – For Some Borrowers

AFC_Post_

Stated income loans don’t require income documentation and can be a big help for borrowers with stacks of tax returns. Here’s who can take advantage of the resurrected mortgage program. Even after all the lessons learned after the mortgage crash, there still are home loans that do not require the borrower to show their tax returns. It… [Read More]

Stated income loans make comeback as mortgage lenders seek clients

AFC_P_6

Mortgage applicants who can’t provide tax returns or pay stubs to show their income are getting stated income loans again as companies such as Unity West Lending and Westport Mortgage chase customers they can no longer afford to ignore. Lenders say these aren’t the same products as the so-called “liar loans” that were pervasive before… [Read More]

Liar Loans Redux: They’re Back and Sneaking Into AAA Rated Bonds

AFC_Post_BadLoan

The pitch arrived with an iconic image of the American Dream: a neat house with a white picket fence. But behind that picture of a $2.95 million home in Manhattan Beach, California, were hints of something darker: liar loans, those toxic mortgages of the subprime era. Years after the great American housing bust, mortgages akin… [Read More]

Stated Income Loans Are Back

AFC_P_2

Since 1992, Alpine Funding Corp has been providing innovative mortgage loans to help brokers and individuals realize their client’s goal of investing in real estate. As a direct lender and experienced professional, our vision is to help individuals and businesses fund their investment dreams in a way that traditional banks and other mortgage lenders simply… [Read More]

SBA Loan Requirements & Other Useful Commercial Loan Information

afc_post_loanaprov

There was a time when stated income loans actually served a purpose other than lining the pockets of the Wall St elite while our economy went down in flames.  In fact, stated income loans have actually existed for a very long time. You may not know this but before the Recession and before Wall Street… [Read More]

Are Stated Income Loans Re-Entering the Market?

AFC_Post_reenter

Stated income loans were huge contributors to the housing crisis, but they are making a very quiet reappearance in the housing market. Should the industry be concerned? As originally designed stated loans were rational vehicles for borrowers that have a lot of assets, income, are self-employed, and have a lot of corporate records and tax… [Read More]