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Stated Income Mortgage This type of mortgage allows you to state your income on the application but not verify it. The mortgage lender will verify employment but not income. Many lenders are tightening their lending requirements on stated income loans because of the recent foreclosure rates that were due to inflated income on the application. Don't spend your time calling hundreds of lenders to find out which ones have this stated income program, let alone the time that it takes to give your information to each and every one of them just to compare mortgage quotes. Fill out this one minute form to compare online mortgage quotes from the national and local mortgage companies that are most competitive for stated income mortgage loans.
Articles and Advice Real Estate referrals are costing home owners thousands. You must be aware of real estate affiliations. If your not, then you run a high risk of overpaying on other services that are necessary in completing your mortgage loan. Over 86% overlook this money saving tip. Read more. When should I refinance? There are many variables when it comes to determining if a refinance is really worth it or if it's the right time. Use this page for helpful information on determining if refinancing is right for you. Read More. Hot new mortgage products. There are a few new products on the market that can really benefit the right person or become a nightmare for another. Get the pros and cons and see if one of these new products are right for you. Read More. Free Mortgage Advisor. Use our advice line to ask all you want from comparing mortgage quotes to the closing of your loan. This advisor is free when you use our service to get mortgage quotes. Ask us questions about the home purchase or refinance that you are considering. You can even ask us which quote is better. This is a valuable service that may save you hundreds or thousands of dollars when going through the mortgage process with any lender. Mortgage Tips Top 10 Mistakes Compare Lenders Loan Programs Mortgage Advice About Us
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