OTHER:
Stated
Income Program
This loan is used for borrowers who can't verify their income using traditional
methods. This situation might arise when the borrower is self-employed or is paid
on a commission only basis. This loan usually requires a stronger credit rating
and a slightly larger down payment than more traditional loans. When the loan
is underwritten, we will qualify you based on the income that is stated on your
application, with no other verification required.