Proof of Employment Is Not Required

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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

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“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

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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

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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

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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

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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

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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]

Are Stated Income Loans Re-Entering the Market?

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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]

“Stated” Income Commercial Real Estate Loans are Back—and Better

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Prior to ’08, when commercial lenders were ramping up their sales volumes to compete for big securitization dollars, borrowers could simply state their personal and property income in lieu of revealing inferior debt-service coverage ratios. Lenders became overly comfortable relying on stated income instead of verified data, and gradually even lowered borrower credit score requirements… [Read More]

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

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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… [Read More]