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Stated Money Loans & Brand New Options For Self-Employed Mortgages
Stated Money Loans & Brand New Options For Self-Employed Mortgages What exactly is a reported earnings loan? In past times, reported income mortgages* had been mortgage loans that would not require earnings verification or documents. Lenders just needed a borrower’s stated earnings — hence the name “stated earnings” loans. Unfortuitously, these dangerous loan kinds contributed …
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