Stated Income

Stated Income Loans are extremely popular due to their rapid decisioning process and less stringent underwriting approach typically avoiding the need for tax returns.  Deals are evaluated based on the strength of the property, not the borrowers credit or cash flow.  Stated Income Loans are designed for borrowers of any credit profile seeking a simple financing solution for purchase or refinance, along with the flexibility to remain in the loan for up to 30 years.  Stated Income Loans are the best alternative to Hard Money offering a quick close with bankable rates and terms which can be fully fixed up to 30 years.  This program is available for all property types including Commercial, Investor 1-4, Multi-Family, Mixed-Use & even Hotels.  Generally, loan sizes range between $150,000 and $5M dependent upon market location.  To get started, all that is needed is our simple loan application and the borrowers credit report.

Key features

• All Property Types Eligible

• No Income Verification

• Up to 30 Year Fixed 

• Up to 80% Financing

• Loan Sizes of $150k-$5M

• Limited Doc Underwriting

• Property Value Decisioning

• No Minimum FICO

• BK's & Tax Liens Ok

• 2-4 Week Close