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Stated income. Is it the whole truth and nothing but the truth, or
Published 12 months ago
Mortgage Moments Vol 8. Stated income application types have become the standard method of applying for a mortgage. Why? Is it because you don't have to provide a lot of income documentation? Well that's certainly part of it, I'll... more
Mortgage Moments Vol 8. Stated income application types have become the standard method of applying for a mortgage. Why? Is it because you don't have to provide a lot of income documentation? Well that's certainly part of it, I'll delve into the strategies and the gotchas to be careful of when using the stated income application type. J Michael Seely conducts live seminars and webinars on "Demystifying Mortgage Loans" His goal is to put you in charge of your most important financial asset...your real estate and the mortgage that supports your real estate. Learn how to save thousands when obtaining a loan and 10s of thousands over the life of a loan. less
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