Is there anyone out there that does a stated income loan?
I'm self employed and write off a lot of things, so much so that my income that is taxable ends up being around 14k a year, I am looking at buying a new house but we can not get a conventional loan.
I am looking for a stated income loan as I'm self employed and net income is real low after writing off all that I legally can.
Answers | 1
Mortgage Loan Originator in Mobile, AL
May 12, 2014
American Financial Resources
Phone: (951) 210-9630
Asked by Erin
Asked by donna
Answered by David Skow
Mortgage Professional in Seattle , WA
Thanks for your post .....your best 1st step will be to get a loan pre approval ...