We help you to find and compare different stated income loans and home mortgages. Home stated mortgages are making a strong comeback due to the new guidelines for qualified mortgages from stated income mortgage lenders. Stated income home loans are making it quick and easy to get approved for a loan, and providing a viable financing option for people who may not be eligible or willing to sign up for traditional mortgage with the conventional strict underwriting guidelines.
Benefits of Stated Mortgages
Stated loans offer advantages for both the lender and the borrower. Borrowers don’t need to provide financial documents such as tax returns or any other proof of funds to get a stated income home loan. This is in sharp contrast to conventional mortgages which require borrowers to show tax returns, bank balances, and a high credit score.
Stated Income Mortgage Lenders that You Can Trust
Through QKMortgage.com, borrowers can easily apply for a loan from stated income lenders without having to worry lengthy underwriting. When borrowers apply for a stated income mortgage, lenders look for the ability to repay the loan, and the income based on deposits; not tax returns. Stated loans can be approved quickly and funding can occur in less than 30 days.
Lender That Qualifies Stated Loans
QKMortgage.com helps people to get approved for stated home loans when they have a FICO over 600, 30% saved for a down payment or 30% equity for a refinance, and the loan is for a second home or investment property. Stated loans are often preferred by self employed individuals and borrowers who are buying investment properties with short closing deadlines. Stated loans are an extremely attractive option for borrowers who don’t have a traditional job, or work online, or freelance from project to project.
Why Choose QKMortgage.com as Your Lender
QK mortgage lets you view different stated home loan providers and compare different loan plans and features. If your credit score is low or your reported income is low, stated loan lenders are a good solution. The team at QKMortgage.com understands your needs and provides a plan which suits your requirements. Your loan can be preapproved on the first call, and fully approved within hours. Call our team today for your quick loan approval.