All information on this page is for educational purposes only. These are not commitments to lend. All programs are subject to credit approval. Additional restrictions apply. Call for details.

What is a Stated Income Loan?

Stated Income Loans are designed to help borrowers who may not have the traditional documentation required for a standard mortgage, such as W-2 forms, tax returns, and pay stubs. Instead, lenders rely on the borrower’s stated income, assets, and a good credit history to approve the loan. This type of loan is especially beneficial for self-employed individuals, freelancers, and those with irregular income streams.

The Stated Income Loan Program allows potential homeowners to qualify for a mortgage without having to provide extensive documentation. While you still have to meet certain criteria, here are a few great reasons why a Stated Income Loan may be right for you!

No extensive documentation required
Flexible qualification criteria
Competitive interest rates

Do I qualify?

Want to know how much you would qualify for? Reach out to us using the form below and we’ll be happy to help!