Stated Income Loans / Assets Loans

These loans are actually a type of low doc loan. In this loan your mortgage lender does not require you to submit them any proof or evidence of your available resources and income to repay the loan.


Besides all the advantages and ease of use it’s not easy to qualify for stated income/assets loans. The minimum requirement to qualify for stated income/asset loans is that you must have well enough credit score. You are required to tell the truth about your resources to your mortgage lender even though they don’t require the proof or evidence of your resources.

Stated Income/assets loans are the most beneficial type of loan for those who have problems for showing consistent income who do not have valuable assets or who don’t want to show their valuable assets and above all who don’t want to disclose their income and property details as they want to keep their information confidential.

You must have to agree the term that you will make your tax returns available to the lender if you are willing to apply or you are applying for stated income/assets loans.

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5 Responses to “Stated Income Loans / Assets Loans”

  1. ERIC says:

    HI everyone,

    YES there are a few Private Banks that are still doing Stated Income loans for SELF-Employed clients. Actually this flyer ABOVE was made from one of my BROKERS that brings majority of their Stated loans to me to submit, so whomever posted this flyer please continue to contact that BROKER. I also have access to the HOT STATED income VOE programs for A salaried Wage earner, NO Tax returns, NO w2, No Pay stubs, just a written VOE. This program goes up to 80% but cannot do in ALL states. I also have access to SUPER JUMBO programs 70% up to 5 MILLION, up to 10 properties, FHA down to a 500 FICO, more options at a 580,, and many more.

    EMAIL me for more info:

    Thank you for your time.

  2. Kathy Baxley says:

    You say there are a few private banks that still do stated income loans for buying a home? I am recently divorced and make over $100,000 a year in a self owned small business. I take all legal tax deductions and for that reason my net shows a smaller income. Of course normal expenses that wage earners can’t deduct, I can. Car pymt, car repairs, business loan pymt, gas, employees, etc.
    I would like to buy a home, but can’t get a bank to lend me the money. My credit score is 726. Very frustrating! Any suggestions?

  3. Kim says:

    Eric…..I am a Realtor and my husband is an asphalt contractor, we really need a stated income loan in Missouri,credit score close to 600, he has been in business for over 30 years. We have a house that is owner financed and need to “re-fi” I figure house value $500k+ we need a loan for $380k.

    I hope you can help me out.

  4. carl byerly says:

    I am interested in a stated income verified assets loan. I have perfect credit and extensive collateral but self employed. I live in Michigan. Can you lead me to a lender?


    Carl Byerly

  5. Cary says:

    Interested in Stated Income Loan

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