A stated income/stated asset mortgage (SISA) loan application allows the borrower to declare their income without verification by the lender. These loans were designed to ease the application process for buyers with incomes that are difficult to document, such as the self-employed and those who ...
For the most part, stated income loans were not available for years. This was a byproduct of the near total collapse of the US economy and almost all types of viable financing. There are multiple types of stated income loans: Stated Income Verified Asset (SIVA): No income verification with...
Stated income loans are coming back with a vengeance. If you're looking to finance a commercial or investment property with bad or no financials, stated income loans may be perfect for you! Great for REO's, foreclosures!
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Definition of Stated maturity in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Stated maturity? Meaning of Stated maturity as a finance term. What does Stated maturity mean in finance?
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