westport mortgage stated income loans

Stated income loans are being offered by companies such as Unity West Lending and Westport Mortgage, according to a Reuters story, giving such borrowers a chance to buy properties that they could rent out. Also called "liar loans" before the housing bust, the loans have gotten a bad rap because some borrowers produced fake bank statements or at.

Stated income loans make comeback as mortgage lenders seek. – (Reuters) – 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.

STATED-INCOME MORTGAGE LOANS – oracleloans.com – The stated income mortgage loan is the best option for real estate investors looking for a reduced documentation experience without having to sacrifice for high rates and short-terms, such as a bridge loan or hard money loan.

STATED-INCOME MORTGAGE LOANS – oracleloans.com – The Stated Income Mortgage Loan is the best option for real estate investors looking for a reduced documentation experience without having to sacrifice for high rates and short-terms, such as a bridge loan or hard money loan.

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Stated Income Loans – Stated Income Mortgage Lenders – The minimum loan amount for stated income loans is $125,000. Stated income mortgage lenders usually require a good credit score [fico over 600] and a 30% down payment, but part of the down payment can be borrowed from the seller or from a family member.

Stated income loans make comeback as mortgage lenders seek. – (Reuters) – 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.

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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.