The subject property is 3,598 square feet of gross living space. Alpines loan which doesn’t require tax returns from the borrower or the rent to qualify the property for the loan. Just the appraised value. Alpine provided 70% of the appraised value to pay down the high interest bridge loan to a 30 year fully… [Read More]
Purchase 75% of the purchase price Interest Only for 1 year Credit score No minimum Fix and Flip Loans Click here to get a FREE Quote
Single Family along with 1-4 family owner occupied No tax returns required. Single Family Investment Loans Click here to get a FREE Quote
Purchase 75% of the purchase price Interest Only for 1 year Credit score No minimum Fix and Flip Loans Click here to get your Free Quote.
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]
When borrowers apply for stated income mortgage loans, the documents that the Internal Revenue Service has on record are not taken into consideration and do not carry any weight in the decision of whether or not a loan will be approved. We can help you, visit us today.
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]
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.
“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]
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]
