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Stated Income Loan Programs
Buy a Home — Even Without Traditional Income Documentation
At Freedom Choice Lending, we understand that not every borrower fits into a traditional lending box. Self-employed buyers, investors, and business owners often have strong cash flow — but not the kind of W-2 or tax return income that conventional lenders require.
That’s where our Stated Income Loan Programs come in.
🔍 What Is a Stated Income Loan?
A Stated Income Loan allows borrowers to qualify based on their declared income rather than by providing traditional income verification like tax returns, pay stubs, or W-2s.
Instead of digging through years of paperwork, lenders review bank statements, assets, or rental income to verify your ability to repay the loan. This flexibility helps make homeownership more accessible for entrepreneurs and investors who manage income differently.
💼 Who Can Benefit from a Stated Income Loan?
Our stated income loan programs are ideal for:
- Self-Employed Borrowers – Business owners, freelancers, or 1099 earners with strong revenue but complex tax returns.
- Real Estate Investors – Those who qualify based on property cash flow rather than personal income.
- Commission-Based Professionals – Realtors, sales reps, or consultants with variable income.
- Retirees or High-Asset Borrowers – Those who prefer to use assets or bank statements instead of tax documents.
✅ Key Program Highlights
Purchase, refinance, or cash-out options
Fast closings — no waiting for tax season!
No tax returns required
Qualify using bank statements, assets, or rental income
Flexible credit score requirements
Loan amounts up to $3 million (varies by lender and property type)
Primary, second home, and investment properties allowed
🧾 Common Documentation Alternatives
Depending on your loan type, you may qualify using:
- 12- or 24-month personal or business bank statements
- Asset depletion (using your liquid assets as income)
- DSCR (Debt Service Coverage Ratio) for investment properties
- CPA letters or P&L statements (case-by-case)
💡 Example Scenario
Meet Maria:
She’s a self-employed graphic designer earning over $200,000 per year — but her tax returns show much less after write-offs. With a stated income loan, Maria qualified using her 12 months of business bank statements, purchased her new home in Fullerton, CA, and closed in just 21 days.
🏠 Why Choose Freedom Choice Lending?
At Freedom Choice Lending, we specialize in alternative income mortgage solutions. Our team knows how to structure complex files and match you with lenders who understand real-world income — not just what’s on paper.
You’ll get:
- Expert guidance from a licensed loan officer
- Personalized loan options to match your income structure
- Transparent pricing with competitive rates
- Step-by-step support from pre-approval to closing
📞 Start Your Application Today
If you’re ready to explore how a Stated Income Loan can help you buy your next home — or refinance your current one — our team is here to help.
👉 Call Freedom Choice Lending at (866) 587-6967
or
👉 Apply online at FreedomChoiceLending.com
⚠️ Disclaimer
All programs are subject to borrower qualification, underwriting approval, and lender guidelines. Terms, conditions, and rates may vary. Freedom Choice Lending is an Equal Housing Lender. NMLS #XXXXX.