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Stated Income and Alternative Mortgage Loan Programs

If you are self employed, have recently taken a new job, or want to simply reduce the amount of paperwork needed to close your loan, stated income may be the right loan program for you.

Stated income allows you to "state" your annual income, eliminating the need to document your income through pay stubs, tax returns and other official documents.


Stated Income is the Best Choice for You if You are:
Self Employed
Recently started a new job after an extended period of time between jobs.
Prefer to reduce the amount of paperwork.
Prefer to not share your financial documents with Amerisave.


Other Alternative Loan Programs

No Income/No Asset - state both your income and your assets.
No Ratio - eliminate the need to pass industry standard debt-to-income and payment-to-income ratios.


* Stated income programs not available in MA, MN and OH.
* Products may have a higher interest rate, more points or fees than
   other products requiring documentation.

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