Think stated income loans are still an option for buying your dream home? Think again! With over 33 years as an independent mortgage broker and a track record of creating patented technology that shapes today’s mortgage industry, I’m here to explain why these loans are now off-limits for most primary residences. Learn about the massive penalties lenders face under Dodd-Frank regulations, and why you should avoid anyone offering these loans. Plus, discover smarter, legal alternatives that can get you into your new home safely. Subscribe for expert advice that saves you money!
Have questions about buying, refinancing, or tracking your mortgage rate in California?
Call or text 925-885-1919, request a video or phone appointment, enroll in free RateAnalyzer rate monitoring, or start our Quick Application.
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate