Stated Income Loans: You simply state your earnings without the necessity to present documentation, although it’s reflected in your credit report.
Low-Doc Loans: These require minimal paperwork, often only a simple verification of employment and some bank statements.
NINA Loans (No Income, No Asset): Requires neither revenue nor asset documentation, but demands stellar credit and sometimes substantial down payments.
SISA Loans (Stated Income, Stated Assets): Just like said income loans but...
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