Valor Stated Income Loans for Unique Financial Scenarios | Valor Lending Group

ATTENTION SELF-EMPLOYED BORROWERS

Valor Lending Group Offers New Stated Income Loan Programs

Take advantage of our latest Stated Income Loan Programs tailored specifically for self-employed individuals. These innovative loans are designed to address the challenges faced by those who use IRS tax provisions to write off expenses, which can often reduce reported income below what’s required to qualify for traditional loans. With Valor Stated Income Loans for Unique Financial Scenarios, self-employed borrowers can qualify based on their bank account deposits, demonstrating sufficient cash flow to comfortably cover the mortgage payment and any existing debts.

Contact me today to explore how Valor’s Stated Income Loan Programs can help you achieve your financial and homeownership goals with ease and flexibility.

What is a Stated Income Loan?

Stated Income Loans have evolved significantly since the pre-2008 financial crisis. These modern loan programs are not the same as those that allow borrowers to state their income without verification. Today, lenders follow strict guidelines to ensure responsible lending practices while offering flexibility to borrowers with unique financial situations.

Following the 2008 financial crisis, the Dodd-Frank Act introduced major regulatory changes, requiring lenders to document a borrower’s ability to repay loans. While these rules apply to owner-occupied residential properties, Stated Income Loans remain an excellent option for self-employed borrowers, allowing them to document their income in a way that reflects their true cash flow.

Bank statement lenders verify income through business and personal bank account deposits rather than relying on tax returns. This makes Stated Income Loans ideal for individuals whose tax returns may not fully reflect their earnings.

Why Choose a Stated Income Loan?

1. A Solution for Self-Employed Borrowers

Traditional mortgage lenders rely on tax returns, W-2s, and pay stubs to calculate income. This process works well for salaried employees but puts self-employed individuals at a disadvantage. Why? Traditional lenders evaluate net income, the adjusted gross income from tax returns, which is often lower for self-employed borrowers due to deductions.

Stated Income Loans level the playing field by using gross deposits from bank statements as a measure of income. This approach provides a more accurate representation of a self-employed borrower’s ability to repay a loan.

2. Flexible Qualification Standards

Stated Income Loans are designed to accommodate both owner-occupied and non-owner-occupied properties (1-4 units). Borrowers qualify by providing 12 or 24 months of bank statements, which are used to determine gross income.

Lenders calculate the borrower’s debt-to-income (DTI) ratio based on their monthly obligations, including credit card payments, car loans, and the proposed mortgage payment. Borrowers with a DTI of 55% or lower and verifiable self-employment income for at least two years can often secure financing.

Stated Income Loan Program Highlights

• 12 and 24-Month Bank Statement Options: Flexible documentation to suit individual needs
• Up to 90% Loan-to-Value (LTV): Available for purchases and rate/term refinances
• Borrower and Lender Paid Points: Customizable loan options for various scenarios
• No Tax Returns Required: Focus on true cash flow rather than net income
• Self-Employment Verification: Requires a minimum of two years of self-employment income

At Valor Lending Group, I specialize in Stated Income Loans for Unique Financial Scenarios, providing solutions tailored to your financial needs. Whether you’re a self-employed borrower or seeking non-traditional loan options, I’m here to guide you through every step of the process. Contact me today to explore how I can help you achieve your homeownership goals.

Recently Funded | Valor Lending Group

$1,044,550 Loan amount | Private Money Bridge Loan | Purchase | 65% LTV | Murrieta, CA
$1,900,000 Loan amount | Full Doc Jumbo Loan | Cash Out Refi | 31% LTV | Mirage, CA
$1,430,000 Loan amount | 24 Month Bank Statement Loan | Purchase | 65% LTV | Phoenix, AZ
$2,625,000 Loan amount | Ground up Construction Loan | Purchase | 65% LTV | Malibu, CA
$1,905,000 Loan amount | Fix and Flip Loan | Purchase | 90/100 LTV | Palos Verde, CA
$2,645,000 Loan amount | Ground up Spec Construction Loan | Purchase | 65% LTV | Palm Springs, CA
$712,500 Loan amount | DSCR Loan | Cash Out Refi | 75%LTV | 70% LTV 
$4,013,750 Loan amount | Full Doc Jumbo Loan | Rate& Term Refi | 75% LTV | Newport Beach, CA
$592,500 Loan amount | DSCR Loan | Purchase | 75% LTV| Seattle, WA
$1,950,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 70% LTV | Berkeley, CA
$3,100,000 Loan amount | 12 Month Bank Statement Loan | Purchase | 43% LTV | Coronado, CA
$1,790,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | Berkeley, CA
$1,008,000 Loan amount | Full Doc Jumbo Loan | Purchase| 80% LTV | Anaheim, CA
$1,740,000 Loan amount | Private Money 2nd Position Bridge Loan | Cash Out Refi |61% CLTV | Berkeley, CA
$4,775,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 62% LTV
$505,000 Loan amount | Full Doc FNMA Loan | Purchase | 85% LTV! | Ventura, CA
$2,100,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 51% LTV | S. Carolina

And many more.

We do them all, so give me a call!

Recap of Our Loan Products:

1. Private Money Loans (20% down / minimal documentation) Typically, funds in 7-10 days
2. Stated Income Loans (Great for business owners and self-employed) No tax returns!
3. 100% financing is available (we can cross-collateralize other properties if there is enough equity)
4. Valor VA Home Loan 100% financing up to $2.5MM
5. Investor Cash Flow Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow
6. Flipper & Rehab Loans (Flip a property with one of our many options)
7. 2nd Position Loans up to $5MM
8. Raw Land & Lot Loans
9. Ground-up Construction for spec homes, custom homes, and commercial ground-up.
10. Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
11. 10% down Jumbo’s up to $1.5MM
12. Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
13. Acreage Properties
14. Commercial Loans up to $500MM
15. 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
16. Foreign Nationals Loans (no social security or residency required)

We Also Offer:

1. 10, 15, 20, 25, 30 years Fixed, Conventional Conforming Loans
2. High Balance Conforming aka Super Conforming
3. Jumbo’s to $10 MM / 10% down Jumbo to $1.5MM
4. FHA, USDA
5. ARM’s
6. Reverse mortgages up to $1MM Value
7. Refinance including Cash Out

**Rates and terms are subject to change without notice