Toll
Free:
800-400-4863
Main
Telephone:
949-797-9188
Full Doc
and Stated
Income
Full
Doc
A Full Doc
loan is
generally less
risky for
lenders
because the
borrower is
required to
present all
necessary
documents for
verification.
This type of
loan usually
offers lower
rates because
it is less
risky for the
lender.
State
Income
Stated
Income
Mortgage Loans
are generally
used and least
expensive
product in the
reduced or no
documentation
suite of
programs. This
loan type
allow those
who are self
employed or
those who do
not have
documentation
of earnings to
state on the
mortgage
application.