Stated Income Mortgages & No Doc Mortgage Loans for New Jersey Borrowers

July 11, 2010 - PRLog -- Our Stated Income Loan program can help self-employed borrowers purchase or refinance their primary residence or 2nd home.  The rates are great, just a slight premium over full income documentation programs.  The maximum Loan to Value is 70% and there is some credit flexibility depending on the entire scenario.  For more information and more guidelines visit my web site at http://www.StatedIncomeLoansNJ.com.  Cash-out Refi is OK

Also at that web site, you'll find information about the popular No Income Verification (sometimes called Low Doc) program.  This is ideal for either wage earners or Self-Employed individuals.  There is no need to state an income on the mortgage application.  You must have good credit and the maximum LTV can be lower than on a Stated Income Mortgage Loan program.  Purchase and Refinances are also permitted here including cash-out refis.  More info at http://www.StatedIncomeLoansNJ.com

For borrowers seeking No Doc loans on Investment properties, we cover that as well.  The rates are higher, but it is a complete No Doc loan based on the purchase price or appraised value if a refi.  This program also allows for seller or secondary financing.  Neither the borrowers income or assets are verified.

Bornstein states: "It makes sense to deal with a company whose reps have extensive experience in assisting borrowers obtain this type of loan.  I've heard stories of banks employees and mortgage reps assuring borrowers they will be able to obtain this financing.  But, if it's not handled in the correct manner, a rejection may be on the way.  Sometimes when you can least afford it."

Call Robert Bornstein, Licensed Mortgage Originator at 732-207-8409  or e-mail Robert@123MortgagePro.com  NMLS# 228572
VISIT MY FULL WEB SITE AT www.123MortgagePro.com

United Capital Lenders LLC,  8 Main St Flemington NJ  
NJ Licensed Lender

All loan programs are for qualified applicants only.  All programs may be changed or withdrawn at any time.  Please speak to a mortgage originator for complete guidelines and requirements.  These loans may be arranged through 3rd party lenders.

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About United Capital Lenders LLC. We are a NJ Licensed Lender offering a complete range of mortgage products including: FHA, Conventional, No Doc, Stated Income and more