Home Point Mortgage » Stated Income Programs

Home Point Mortgage » Stated Income Programs http://www.home-point-mortgage.com Mortgages, Loan Process, Loan Programs Fri, 27 Jan 2012 09:17:21 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Stated Income Programs (Advantages & Disadvantages) http://www.home-point-mortgage.com/stated-income-programs-advantages-disadvantages/ http://www.home-point-mortgage.com/stated-income-programs-advantages-disadvantages/#comments Mon, 21 Jun 2010 05:00:07 +0000 admin http://www.home-point-mortgage.com/?p=16 Stated Income Programs

Advantages:
- Don’t need to verify income
- Faster approval

Disadvantages:
- Higher rates
- Higher down payment

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