Stated Income Loans are an excellent alternative to conventional financing for self-employed individuals, small business owners and real estate investors who plan to purchase or refinance a primary residence or investment property.
Small business owners, real estate investors, high net worth individuals, retired people, commissioned salespeople, foreign nationals, self-employed individuals, and savvy financial professionals can all greatly benefit from our Stated Income Loan Programs.
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.
Westpark Loans has been providing specialized and creative financing since 2007. We offer many stated income loans. See the pages below for more details on our most popular programs:
Because there is no one-loan-fits-all, it is hard to describe all the stated income loan options available. Our website details some of our most popular programs, but not everything we offer. To help you determine if a Stated Income Loan Program is right for you, please contact one of our licensed Loan Specialists by calling us directly at 844-574-LOAN (5626), by submitting the form on the right or by completing an application directly on our website.
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.
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.
"Anthony Carroll is the man!! Such a pleasure to deal with a guy this professional, polite, diligent, and hard working. I never felt uniformed or out of the loop with Anthony. Any email he received with a progress report he would immediately forward it to me keeping me well aware of my situation. He's always available for any questions you have. Couldn't recommend him any higher! Best experience of all time!!"