– History of stated income loans. qualifying for a Stated Income Loan Before The Housing Bubble. In exchange for the additional risk referenced above, stated income lenders will typically have higher interest rates for these loans.
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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.
Guild Mortgage launches nationwide 1% down mortgage program – Guild Mortgage announced a new, nationwide 1% down mortgage product to cater to the upcoming surge in Millennial homebuyers. To make the down payment so low, Guild Mortgage stated. Loans worked.