Stated income loans Los Angeles

The number one loan for self employed borrowers in Los Angeles California is our Stated Income Loan program.

This page is about Stated Income Loan programs in Los Angeles California. In the first place most of these programs are requested by self-employed borrowers.  Equally these loans give the self-employed borrowers the ability to buy properties that they could not have with a traditional bank. Additionally Angelenos love this program. Of course Self Employed Loans keep our process simple and much faster than traditional lenders. Uniquely we use our make sense lending guidelines for our self-employed borrowers. Furthermore we understand self-employed borrowers write expenses off their tax returns.

********** See most active loans atHot Loan Products” for rates and guidelines. *****************

Call us 310-737-8420 to put a loan program together for you.

See our “Hot Loan Products” for rates and guidelines.

List of Forms & Documents Required:

  1. Photocopy of valid ID
  2. If the title is to be held in Corporation/LLC  we will need  Articles of Organization/Incorporation – Operating Agreement/Bylaws
  3. Current mortgage statement
  4. Please provide lease agreements when property is leased
  5. Please provide a rent roll and Schedule of Real Estate Owned if you have more properties and units.
  6. Insurance declaration page/quote for coverage
  7. 1003 Loan Application – use printed 1003 leave liabilities blank. 
  8. Credit report we will pull or if broker submitted need full 3 bureau – but we still have to pull it
  9. Borrower authorization Borrower’s Authorization
  10. Borrower authorization to run and pay for credit  Credit $ Authorization Form
  11. SI form – Statement of Information SI Form – Statement of Information
  12. How do you want to hold title Vesting Form For Borrower
  13. Social Media disclosure Social Media Disclosure
  14. **To expedite your file organize documents in adobe format “.pdf”.

In the first place most of these programs are requested by self-employed borrowers.  Equally these loans give the self-employed borrowers the ability to buy properties that they could not have with a traditional bank. Additionally Angelenos love this program. Of course Self Employed Loans keep our process simple and much faster than traditional lenders. Uniquely we use our make sense lending guidelines for our self-employed borrowers. Furthermore we understand self-employed borrowers write expenses off their tax returns.

The number one loan for self employed borrowers in Los Angeles California is our Stated Income Loan program.

In the first place most of these programs are requested by self-employed borrowers.  Equally these loans give the self-employed borrowers the ability to buy properties that they could not have with a traditional bank. Additionally Angelenos love this program. Of course Self Employed Loans keep our process simple and much faster than traditional lenders. Uniquely we use our make sense lending guidelines for our self-employed borrowers. Furthermore we understand self-employed borrowers write expenses off their tax returns.

Comments are closed.

(more…)

-->
My ad sample
Want to be a part of our syndicate? Partner with the best. We buy homes and fix and flip them too. We use our loan programs. Min investment $10K. Turn time is usually less than 12 months. Returns on your investment are usually 45% to 85% within a 12 month period. See prospectus for specifics. If interested contact us or call 310-737-8420

California CE



Other States

Join Our Rate Sheet Newsletter
Free mortgage calculator by Bankrate.com
Mortgage Calculator
Mortgage amount ($):
Interest rate (%):
Mortgage term (years):