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 »  Home  »  Authors  »  Andre McFayden
Andre McFayden
Andre McFayden is Vice-President of Empire Real Estate Group, Inc. in Fresno, CA www.empirefresno.com
Articles by this Author
» Stated Income and No Doc loans
By Andre McFayden | Published 06/27/2005 | Personal Loans | Unrated
Lenders are interested in mainly 3 things the borrowers income, employment and assets. If the borrower can document those items and the lender can verify them, the loan is considered relatively low risk. This type of full documentation loan is the standard for most borrowers. The stated income or ...