– In New York, stated income loans are available again. This is great news for all of the self employed individuals out there who have struggled in the past to qualify for a mortgage. At Dream Home Financing, we have been specializing in stated income loans for a very long time.
Stated Income Loans New York – Homestead Realty – New York Stated Income Loans (N/A) A stated income loan is a mortgage loan available for individuals that are self-employed and may not have the traditional income verification documents like w-2’s and tax returns needed for a mortgage.
New York Customers, Stated Income Loans NYC – Mortgages – New York Customers, Stated Income Loans NYC. There is a common sense element to stated income loans. For example if a person who is employed as a taxi driver ( a cash-related job) claims to have an income of $50,000 per month, that would be unlikely and the underwriter would most likely ask for written proof of the income.
Federal Home Loan Bank of New York Awards $44.3 Million For 49 Affordable Housing Initiatives – The Federal Home Loan Bank of New York’s AHP provides members with direct subsidies which are passed on to income-qualified households through sponsoring local community-based organizations. AHP.