A Stated
Income, Stated Asset Mortgage!Fast Solutions
A No Ratio loan allows your clients
to qualify without stating their income level. A Stated
Income/Stated Asset (SISA) allows
borrowers to qualify using the income and assets stated
on the loan application.
| Product Highlights
- No Income or Asset Verification
- No Tax Returns, W-2s, Pay Stubs
- Streamlined Processing, Faster Approvals
- Available with Conforming Fixed & Conforming
Standard 3/1, 5/1, 7/1 ARMs
- Full DOC MI Rates
This option is available with purchases or refinances. |
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The
"WOW" Factor
Borrowers with excellent credit profiles are not
only busy, but expect
more from you. Many anticipate providing proof
of their income and
assets to secure a mortgage. After running their
loan through our
system, qualified borrowers will be surprised
and impressed when you
tell them that income/asset verification isn't
required!
Note: This program is not an alternative for
borrowers seeking Low/No
Doc mortgage options; rather the Fast Solutions
program is intended
for borrowers who can easily qualify for a full
documentation loan,
but have a credit profile that renders verification
of income/assets
unnecessary.
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