SBA Loan Requirements & Other Useful Commercial Loan Information

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 started securitizing mortgages, banks would do stated income loans for good clients.  (They just didn’t have a name for them).