Stated Income Loans used to be wildly popular but are now scarce as the lending industry moves toward a standard in which borrowers must qualify with "full documentation".
Stated income loans are made without requiring the borrower to document income via paystubs, W-2's or tax returns. The borrower must have good credit and cash reserves.
We have funding available for stated income loans based on specific borrower criteria. Programs are available in both 15 and 30 year fixed rate as well as adjustable rate options. Interest rates are slightly higher than traditional "full documentation" financing.
As availability varies, please contact us at 800-877-7347 to discuss your particular transaction.
Loan amounts are available as follows:
|
Loan Type
|
Min./Max Loan Amt
|
Also Known as:
|
|
Conforming Loans
for Salaried Employees
|
$150,000 to $729,750
|
Easy-Qualifier Loans
|
|
Conforming and Jumbo Loans
for Self-Employed borrowers
(LIMITED AVAILABILITY)
|
$200,000 to $1,500,000
(up to $2.5 million case-by-case)
|
Easy-Qualifier Loans
|
To apply for a stated income loan, click here
Stated Income Loans used to be wildly popular but are now scarce as the lending industry moves toward a standard in which borrowers must qualify with "full documentation".
Stated income loans are made without requiring the borrower to document income via paystubs, W-2's or tax returns. The borrower must have good credit and cash reserves.
We have funding available for stated income loans based on specific borrower criteria. Programs are available in both 15 and 30 year fixed rate as well as adjustable rate options. Interest rates are slightly higher than traditional "full documentation" financing.
As availability varies, please contact us at 800-877-7347 to discuss your particular transaction.
Loan amounts are available as follows:
|
Loan Type
|
Min./Max Loan Amt
|
Also Known as:
|
|
Conforming Loans
for Salaried Employees
|
$150,000 to $729,750
|
Easy-Qualifier Loans
|
|
Conforming and Jumbo Loans
for Self-Employed borrowers
(LIMITED AVAILABILITY)
|
$200,000 to $1,500,000
(up to $2.5 million case-by-case)
|
Easy-Qualifier Loans
|
To apply for a stated income loan, click here