• No profits records required (i.e. W-2s, taxation statements, or paystubs).
• No pre-payment charges.
• Quick funding procedures.
• Reduced charge and prices than a hard dollars mortgage.

Other activities to bear in mind as soon as obtaining a Stated revenue mortgage

• Greater loan prices than federal government finance.
• The majority of need a 25% down-payment.
• Closing costs will likely be more than other financing.

Stated earnings Financial products and just how the two change from standard financial products

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