Self-Employed Stated Income Loans
For California Homes Only
Stated Income Loans are an excellent alternative to conventional financing for self-employed individuals who plan to purchase or refinance a primary residence or investment property.
How It Works
Owning your own business can be a rewarding and profitable venture that offers many benefits, including tax write-offs. Being self-employed gives small business owners the ability to write off many expenses, so small business owners tend to not pay themselves large pay stubs and W-2s. Ironically, these same benefits can make it difficult to qualify for a conventional loan. Small business owners have essentially become neglected by today’s highly regulated mortgage industry.
Westpark Loans has built our business supporting local small business owners and real estate investors with our specialized and creative financing since 2007. We offer multiple categories within the ‘Stated Income’ umbrella, including Asset Depletion, Bank Statements, Hard Money, Bridge, and Fix & Flip loans. Our team of seasoned loan officers have years of experience working with small business owners and can work with you to find the loan program that is most beneficial to your needs.
Special 7/1 Stated Income Loan Program for the Self-Employed
We offer a Stated Income Loan program specifically for self-employed individuals. The program offers rates in the high 4s and is the perfect loan for those who meet these qualifications:
- Self-employed for at least 2 years
- Have a CPA letter from a licensed CPA
- 660 Minimum FICO Score
- 6 months of PITI in reserve
- Loan amounts (including Cash Out!) up to $7 million
- Primary Residence & Investment Properties are Eligible
This offer expires soon. Fill out the form on the right today!
Getting Started
Contact one of our licensed Loan Specialists by calling us directly at 844-574-LOAN (5626), by submitting the form or by completing an application directly on our website.
Schedule a Loan Officer Consultation
To determine the right loan program with you, schedule some time with a loan officer to discuss your options. Choose the best day and time for us to call you.
Disclosures
i. Loans are not available in all states; Westpark Loans only brokers loans in California.
ii. Rates are subject to change daily and throughout the day without notice.
iii. Neither this website nor its parent company is a lender.
iv. The rates and payments shown do not factor in all your information. Your specific situation may warrant a higher rate and payment based on credit history, income, and many other factors. Speak to one of our mortgage professionals to get personalized rate and monthly payment quotes.
v. Credit may exceed the fair market value of the dwelling. Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. The consumer should consult a tax adviser for further information regarding the deductibility of interest and charges.
vi. Stated Income products may have a higher interest rate, more points, or more fees than other products requiring documentation.
Call Us 844-574-LOAN (5626)
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