Stated Income Loans 2015 - Loan That Required No Income Documents
Stated income loans are specifically designed for people who want to purchase or refinance homes without the hassle of income verification. Qualifying for a stated income home loan does not, in any way, depend on how stable a person is financially or how much income they can prove that they are earning. Stated income home loans are designed to benefit the person borrowing the money, without the red tape of having to submit tax returns and verify income.