Where Did Stated Income Loans Go? We Have a Replacement

[Corey Dutton]

For real estate investors who don’t claim salaried income, the disappearance of stated income loans has created a huge demand in the market. Since stated income loans have disappeared, investment real estate loans serve as an alternative for those stated income borrowers who don’t have consistent income. And these investment real estate loans are used by real estate investors to accomplish a variety of real estate goals.

Most real estate loans now come from hard money lenders or bridge lenders. Because banks won’t fund as quickly as a bridge loan lender, investment real estate loans have become the top choice among real estate investors in recent years. But are these loans really replacing stated income loans? Read more here: [url]http://privatemoneyutah.com/investment-real-estate-loans-replace-stated-income-loans/

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