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stated income loans Available in 2019 – For Some Borrowers – · Lenders who offer stated income mortgages aren’t qualifying borrowers nonchalantly. Borrowers need to have good credit scores, plenty of cash reserves, and a large down payment. Many stated income loans are based on the equity position of the property, which means that the more the borrower puts down, the easier it’ll be to get the loan.
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Home Loan Program for Borrowers with Non-Traditional Credit. – "As a national mortgage lender, we believe it is vital to take an active role in bridging the gap of homeownership by offering alternative solutions." For more information and complete details about the Freddie Mac Non-Traditional Credit program, please contact a PrimeLending loan officer at a branch near you.
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