At Lending Bankers Mortgage, our goal is to find a way to help every customer who contacts us to obtain the financing they need for their commercial and residential needs quickly and easily.
For that reason, we offer convenient loan financing options which you may not find at your regular bank or credit union, like stated income loans. With a stated income loan, you do not need to verify your income using W-2 forms or pay stubs.
If you’ve never applied for a stated income loan, here a few things you should know before you get started.
Finally, one more advantage of stated income loans is that allow you to exercise greater discretion over your own finances. When you apply through the traditional loan approval process, whether or not your application is accepted ultimately comes down to whether the lender thinks you qualify based on their formulas and models.
Those formulas may apply to borrowers in the middle of the bell curve, but they may not be applicable to your financial situation. While you can attempt to explain this, many traditional lenders simply will not be willing to listen. They are not used to working with customers in your shoes, and lack the experience or perspective to grant your request for consideration.
Apply for a stated income loan today through Lending Bankers Mortgage. We know how frustrating it can be to apply through a loan through the traditional process only to be rejected because you cannot furnish a W-2 or prove you can afford a loan through formulas that do not fully account for your financial situation.
With our network of more than 130 lenders throughout South Florida, we can bring you competitive interest rates and down payments on stated income loans. Whatever your financial situation, there is a loan product out there which is an ideal fit for your needs.
Ready to apply for a mortgage today without a W-2 or pay stub? Give us a call at (786) 220-1100, and we will schedule your free consultation!
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Licensed by the Florida Office of Financial Regulation Mortgage Broker #MBR352, NMLS #383682
Lending Bankers Mortgage LLC is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.
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