True Stated Income Loan Program

True stated income loans allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing pay stubs and/or tax returns.

Key Benefits and Requirements


Minimum 720 FICO score


25% Minimum Down Payment required


No Income documentation needed


Loans up to $7,000,000

No-Income Verification LOaNS

Stated income commercial loans are mortgages that take into account the amount of income the borrower has access to in order to repay the loan. In commercial underwriting where available equity is the driver, the borrower’s income is often stated, but not verified. Using this underwriting technique enables loans to close and fund quickly, because the borrower isn’t required to produce voluminous records of income that would have to be reviewed.

Stated income loans can be used to purchase commercial and residential properties and can apply to refinances, cash-out refinances and cash-out second mortgages.