Stated-Income Loan with Easier Standards Assist Wage Earners and Self-Employed
Orange County Register, Nov. 11, 2018–Jeff Lazerson
Where is the energy and action these days when it comes to mortgage products? After all, most well-qualified borrowers are hunkered down enjoying their lower mortgage rates. According to Mortgage Bankers Association chief economist Mike Fratantoni, 75 to 80 percent of mortgage holders are below 4 percent.
