Stated Income Loans Designed for Borrowers

Loan Programs are available in New York and New Jersey.

Starr Mortgage Company offers Stated Income Loans up to 80% loan-to-value for Primary and Secondary Homes.

Many borrowers earn or receive income from various sources. Some sources may be difficult to verify or document. The stated income loans programs available through Starr Mortgage Company were designed for self-employed borrowers in this particular situation.

A homebuyer or homeowner who wants to refinance with good credit can qualify for up to 70% to 80% loan-to-value. These loans are available for primary, secondary, and investment properties.

When it comes to loaning out money for commercial properties, single-family residences, and condos, most are familiar with the basic formula. Banks and lenders have to verify the credit history, credit rating, and income level of those who they are loaning money to. However, sometimes a productive and financially stable self-employed individual (who cannot completely verify all financial information) may desire a loan. This is where we can help.

What if You Can’t Verify all Earnings or Income?

Some individuals have their finances well-established, but the sources are sometimes difficult to verify. This could be because the individual is an independent contractor, someone who does temporary jobs, or someone who has assistance from their family. In any case, these undocumented sources of income can sometimes make it difficult to acquire loans for large projects dealing with real estate.

Stated income loans exist for helping individuals who are in this situation. By demonstrating good credit and a verified source of funds, borrowers can qualify for loans for a variety of establishments. These can range from residences designed for families to commercial properties such as office buildings and warehouses. These types of loans can be very beneficial to individuals who have the means to organize and strategize well after receiving the proper funding.

Stated income loan borrowers can benefit from understanding the terms and conditions of these loans. Enlisting the help of an established name in the industry that has experience with Stated Income Loans New York and New Jersey can be a very wise choice. When starting the process of developing commercial properties or residences for families, a free consult can never hurt.

Lenders have to be careful when it comes to financing projects headed by borrowers with unverifiable income. This is understandable. It doesn’t mean that it is impossible for individuals with non-traditional methods of income to acquire loans. Partnering with Starr Mortgage Company can help. Starr has a reliable track record of overseeing Stated Income Mortgage loan in the right way.

To Contact Us:

Stated income loan borrowers can reach our New York office by calling 845-348-3172 and receive answers to all their questions.

Alternatively, you can email

Understanding Mortgage Loans