The Basics of Stated Income Commercial Loans. Stated income commercial loans are loans that don’t require a mountain of paperwork or proof of your income. The only stipulations when applying for a stated income commercial loan are that one must have proof of employment, credit score of 650 or better and qualifying commercial real estate. … Read more
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FHA mortgage programs were created to help increase homeownership. FHA loans are less expensive than other mortgage home loan programs. The FHA program has evolved since it started in 1934 and now has options for HUD insured loans that fit a variety of different borrowers and situations. Here are just some Examples of how FHA … Read more