Stated Income Loans In Nevada

Many people have inquired about the ability to do Stated Income Loans in Nevada due to the recent Assembly Bill 440 that was passed and went into effect on October 1, 2007.

The answer is Yes I can still Stated Income Loans in Henderson, Las Vegas, and all of Nevada!

Just to clarify, Five Star Mortgage, a Henderson & Las Vegas, NV Mortgage Broker is still funding Stated Income Loans through several of our Mortgage Banks. We do have a couple of new procedures that we are required to go through in order to do so. These new procedures involve the same due diligence that any experienced Nevada Loan Officer did before Assembly Bill 440 was passed.

The fact remains that many Nevada residents, especially in the Las Vegas & Henderson area, rely on Stated Income Loans in order to purchase a home or refinance their existing mortgage.

If you have questions about Las Vegas Stated Income Loans or need assistance with any type of Nevada Mortgage feel free to contact me so I can help.

Your mortgage partner for life,