Stated Income Loans – Mortgage Loans That Don’t Require any Income Docs

For stated income loans 2015 has been a breakthrough year. What is perhaps the most significant factor with stated loans is the fact that they do not require a person to furnish any income documents whatsoever.

This makes stated income loans ideal for self-employed individuals, or those borrowers that do not have a stable source of income, as well as applicants who have not low credit scores, and applicants who do not want their income documents to be reviewed by underwriters

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