• We now offer a 40-year loan with the first 10 years as interest only, enjoy a low monthly mortgage payment!!!
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Stated Income Loans Nationwide

Stated Income Loans Nationwide

We are a mortgage broker that specializes in 1-4 unit investment and commercial properties.  With just a minimum mid credit score of 650, you can get up to 75% LTV max with absolutely no personal income verified. We are between the institutional bank and hard money financing.  We offer a more cost effective financing solution versus traditional hard money.

  • Quick closings
  • 3 or 8-year ARMs available with rates starting around 7.50%.
  • 30 year fully amortized loans
  • W-2 or self-employed
  • Rebate pricing
  • Seller seconds and gift funds allowed on purchases
  • Non-seasoned funds for purchases are ok.
  • No debt service requirements on 1-4 family investment properties
  • No debt service requirements on traditional commercial loans under $500,0000.

Please let us know how we can help you.

Contact us today for a FREE consultation at (800) 535-0270 or email us here.

Stated Income Loans to 620 score

Stated Income Loans to 620 score

We now offer a solution for your borrowers with less than perfect credit on multifamily, mixed-use, warehouse, office, retail and automotive properties.

We will go down to a 620 credit score and a maximum LTV of 50%.

  1. Bk discharge 1 day – OK
  2. No active FC or NOD on subject property
  3. Derogatory mortgage history reported on credit – OK
  4. Source of funds to close required but not seasoning
  5. Other people on title in the past 6 months do we need their credit, No
  6. DCR requirement when loan amount > 500k – Yes
  7. Federal tax liens on credit report must be paid unless confirmed payment plan
  8. Vacant refinance not eligible
  9. 80% CLTV max

We offer a quick closing with limited documentation.

Contact us today for a FREE consultation at (800) 535-0270 

Flexible No Doc Guidelines

Flexible No Doc Guidelines

We at MortgageDepot are always adding new programs and updating old ones so our borrowers have a program for any situation.

Commercial & Residential Properties,  Investment Properties, Non-conforming Borrowers, Real Estate Investments, Realtors, SFR ReFinancing, Stated Income, Stated Mortgage Loans.

We are a Stated Income Financing Broker that has been servicing the mortgage industry for decades. We offer stated income program for 1-4 Unit Investment  Properties, 5+ UNIT Multifamily and Mixed Use Properties and Commercial Properties.

With just a minimum 620-score, we can provide up to 75% LTV max with absolutely no personal income verified.

We provide a more cost effective financing solution versus traditional hard money.

  • Investor SFRs, Condo & 2-4 Units
  • Multi-Family, Mixed Use, Office, Retail
  • Warehouse, Self Storage, Auto Service
  • Flexible Guidelines
  • Up to 75% LTV
  • Quick Closings
  • Simple Doc
  • Standard 30 Year Term
  • Loan Amounts from $75k to $5M

Please contact us with any questions or possible deal scenarios.

We look forward to speaking with you and financing your deals.

To contact us by phone call 800-535-0270 

Reduced Doc for Jumbo Loans

Reduced Doc for Jumbo Loans

We NOW have a REDUCED Doc Jumbo Arm for Self Employed individuals!!!

Some of the requirements that jumped at me –

  • Self Employed Stated Income ONLY – to be validated by documentation in the file to be determined as reasonable – i.e.: average monthly deposits should support income levels or other documentation provided
  • Need 3 months bank statements for both personal and business accounts
  • Self Employed ONLY
  • Minimum of two open and active trade lines with a min 24-month history
  • See the liquidity section – based on loan size
  • Qualify as you would expect at the greater of the note rate or the fully indexed rate **Max 33/43 ratios

Thank you for your business and if you want more information about our reduced documentation program, contact us TODAY.

To contact us by phone call 800-535-0270

Why Choose a Non QM Program with MortgageDepot?

Why Choose a Non QM Program with MortgageDepot?

There are many reasons why choosing us, MortgageDepot, for your NON-QM loans makes a whole lot of sense. Well, we have been around for decades and nonqualified mortgage ( Non-QM) programs is what we are best at.

We are not here to compete in the “whats today’s interest rate” market, there are plenty of big banks out there that can offer you a great rate but we are here to close the gap between conventional and non-conventional borrowers.

We are the leading mortgage broker that handles non-conforming loans such as stated income, bank statement program, asset based loans and etc. Below are just a few other Non-QM loans that make us the popular choice.

  • Non-Permanent Resident Alien
  • Foreign Nationals
  • Inter-Vivos Revocable Trus
  • Non-Occupant Co-Borrowers
  • Limited Partnerships, general partnerships, corporations, LLC (Personal Guarantor Required)

Contact us today for a FREE consultation at (800) 535-0270 or email us here.

Stated Income Mortgages

Stated Income Mortgages


After the economic crisis of 2008, the mortgage rules and regulations across the industry changed quickly. At one time, there were stated income mortgage products where a potential buyer would simply have to state how much money they made without proving it with a form of work. These no income check mortgage products made it so people who were making less than what was stated could buy houses that they had no business buying because they could not afford the monthly payments.

Return of Stated Income Mortgage Products

Over the past couple of years, as the real estate market has continued to improve, there have been several no income check mortgage products return to the industry. Although these are easier on potential home buyers, there are some drawbacks to these mortgage products in the long run if they are not handled correctly. Anyone who signs up for one of these products needs to ensure that they can afford the monthly payments and expenses that go along with owning a larger house.

Home Prices

After the real estate crisis several years ago, home prices have continued to increase every year. As home prices continue on this upward trend, there are going to be many people who can no longer afford to buy a house with the standard way of financing, and these no income check mortgage products are probably going to increase in popularity. It is important to remember that even if a person qualifies for a mortgage, that does not necessarily mean that this is the best route to go when buying a home. However, it can also be a very convenient option for a person who does not want to bring a bunch of paperwork together for buying a home.


Although there are some downsides to the no income check mortgage, there are also some benefits for those that are responsible. First of all, it will save in closing costs on a home because the financing institution will not have to pay for an income or credit check. In addition, time is saved by both the borrower and lender not having to go through hundreds of forms in order to get approved for financing. There are many people who may own dozens of homes as a real estate investor and carry around all of that information in one place would be a daunting task. As long as both the borrower and lender are responsible in how they execute these deals, there are many things to like about the no income check mortgage.


At the end of the day, this is still a risky transaction for the lender and the borrower. A borrower needs to review the state of their finances carefully before they decide that they can afford to buy a home using this type of financing. A foreclosure is a terrible thing for anyone to go through and that pain can be prevented by doing homework ahead of time.

Please contact us for more information. Call (800)535-0270.

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