Comments on: ARE STATED INCOME LOANS STILL AVAILABLE, OR HAS A LAW PASSED TO STOP THEM NOW? http://www.statedincomeloans.info/are-stated-income-loans-still-available-or-has-a-law-passed-to-stop-them-now/ Information on Stated Income Loans Thu, 09 Feb 2012 13:01:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: mwinterwolf2004 http://www.statedincomeloans.info/are-stated-income-loans-still-available-or-has-a-law-passed-to-stop-them-now/comment-page-1/#comment-3 mwinterwolf2004 Tue, 26 Jan 2010 22:02:04 +0000 http://www.statedincomeloans.info/?p=3#comment-3 Yes, self employed persons can still get loans. However, with most lenders, the maximum loan amount is 75% of the value of the home. If you can prove your income using tax returns (the average of the past two years adjusted federal gross will be used for qualification), then you can go full documentation and will get a better rate as well. Yes, self employed persons can still get loans. However, with most lenders, the maximum loan amount is 75% of the value of the home.

If you can prove your income using tax returns (the average of the past two years adjusted federal gross will be used for qualification), then you can go full documentation and will get a better rate as well.

]]> By: Landlord http://www.statedincomeloans.info/are-stated-income-loans-still-available-or-has-a-law-passed-to-stop-them-now/comment-page-1/#comment-2 Landlord Tue, 26 Jan 2010 21:02:31 +0000 http://www.statedincomeloans.info/?p=3#comment-2 Self employed people still get loans, I am self employed. You just need to make your statement with your federal income tax records. Self employed people still get loans, I am self employed.

You just need to make your statement with your federal income tax records.

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