Stated income loan

id: stated-income-loan-289-10757638
title: Stated income loan
text: A stated income loan is a mortgage where the lender does not verify the borrower's income by looking at their pay stubs, W-2 forms, income tax returns, or other records. Instead, borrowers are simply asked to state their income, and taken at their word. These loans are sometimes called liar loans or liar's loans. Stated income loans were originated by Ameriquest.
brand slug: wiki
category slug: encyclopedia
description: Mortgage where borrowers state their income
original url: https://en.wikipedia.org/wiki/Stated_income_loan
date created:
date modified: 2023-03-31T21:19:04Z
main entity: {"identifier":"Q7603922","url":"https://www.wikidata.org/entity/Q7603922"}
image:
fields total: 13
integrity: 14

Related Entries

Explore Next Part