Are you heading self-employed business and struggling to qualify for a mortgage? You can choose stated income loan Texas. It is the perfect funding option available for real estate investors. This loan helps borrowers to purchase an investment property and better their cash flow. This is the most popular funding option among self-employed borrowers who couldn’t fully document their income or provide tax returns.
The Stated Income Loans Texas is one of the most flexible lending options that does not require any income documentation, income verification, tax returns and on most transactions. Also, you don’t need to show any bank statements to get the financial support to buy another rental property. In the flip side, this famous real estate loan program comes with repayment terms up to 30 years. This Stated Income Loans Texas helps borrowers like real estate investors, house flippers, landlords, and self-employed borrowers who are looking to purchase a non-occupant property and trying to qualify for a loan without fully documenting their income. Because they able to take on mortgages for investment properties instead of providing any income documentation. Apart from that, some borrowers use stated income loans as they want a large amount advance at the end of the year and don’t want to pass up an investment property. They use these funds and keep a part of their own capital to use for other investments. So lenders will guarantee mortgages based on the expected income from the property. The lender offers stated income programs for self-employed and income earner borrowers. They have different funding options for different property types.
Benefits of Stated Income Loans Texas:
• This Stated Income Loans Texas is structured to helps self employed borrowers to qualify for a mortgage.
• This funding program does not require any documentation or use your tax returns to provide you the best funding solution.
• Though stated income mortgage rates only slightly higher than conventional rates, but this funding option offers the alternative financial the solution to the self-employed borrowers.
• These Stated Income Loans allow self-employed borrowers to qualify when conventional loans will not work
If you are self-employed and you are looking for Stated Income Loans Texas, then lending of America can help you in this regard and provide you the best funding solution for the development of your business. Depending upon your credit, stated income lenders of this organization can determine what your minimum down payment will be.
So visit the site for more details: https://lendingofamerica.com/
Are you heading a real-estate company?
Searching for a perfect and reliable funding option that can help you in your real estate company operation!
Commercial loan could be your right choice!
A commercial loan is a flexible funding option that offer the best opportunity to the real estate business owner to grow their real estate firm entity in a hassle free way.
This loan option not only improves their cash flow but help them invest this money in their real estate plan.
So if you are a real estate company owner and want to acquire, refinance, or redevelop your commercial property in the best possible way turning to Commercial loan in Magnolia TX can offer you the right solution.This Commercial loan in Magnolia TX is designed for individuals or companies who are looking to build or purchase or remortgage property.
