WebJan 12, 2015 · Northeast Financial is your New Jersey Commercial Mortgage resource and we specialize in loan sizes from 100K-3MM (in addition, we offer a commercial mortgage … WebJan 8, 2024 · A stated income loan is a loan program that allows you to secure a home loan without verifying your income. Instead, borrowers declare their income, and lenders take at their word rather than presenting their tax returns, W-2s, or pay stubs. Stated income mortgage loans are a good option for self-employed individuals and anyone who might …
What Is a Stated Income Mortgage Loan? - The Motley Fool
WebA Stated Income Loan allows self-employed borrowers to qualify based on the amount of deposits into their bank account, where the cash flow is sufficient to cover the new … WebStated Income Loan Program Highlights: 12 and 24 month Bank Statement options available Up to 90% LTV (on Purchases & R/T Refinances) Borrower and Lender paid points available Must have 2 years verifiable self employment income No Tax Returns GET A QUOTE First Name * Last Name * Phone Email * Loan Type * Loan Amount * Apply for a Loan further follow up
What Is a Stated Income Mortgage Loan? - The Motley Fool
WebJan 12, 2015 · Rates as low as 6.5%. Finally, borrowers can do a cash out loan. Call us today so we can talk about your New Jersey Commercial Property and how we can get your loan closed. Thank you, Michael Meyer. Senior Vice President of Northeast Financial. NMLS#117875. [email protected]. 860-876-0572. WebMar 8, 2009 · The lenders have completely done away with stated income and no doc loans. The only people still offering them are private investors that do not sell the loans on the market. Their rates are very high and they charge points plus require quite a bit of money down. chrisburns Posted on: 09th Mar, 2009 08:08 am WebOct 13, 2024 · Stated-income, stated-asset (SISA) loans are made without verification of a borrower’s income or assets. SIVA. Stated-income, verified-assets (SIVA) loans allow … give me my pictures