Stated Income Loans Are No Longer Available

Due to market conditions, AAXA's investors are not offering stated income mortgage programs. These loans were designed for self employed borrowers to help reduce the amount of paperwork needed for loan approval. Lenders placed more weight on a borrower's credit rating and assets when determining the consumers ability to repay the loan. Like many riskier loan products of the past, stated income loans were negatively taken advantage of by both consumers and mortgage professionals. The end result being a high default rate and the eventual termination of stated income loan products.

Today, self employed borrowers are required to furnish 1-2 years of tax returns when applying for a loan. One of AAXA's Loan Advisors can help you determine whether or not you qualify in a matter of minutes.

Request current mortgage rate and program information three ways:

1. Call AAXA toll-free at 877-RATE-LOW (877-728-3569) for mortgage rates

2. Research current mortgage rates using our AAXA Mortgage Quote Form

3. Apply using our Secure Online Mortgage Application
   

Self Employed Mortgage Financing Experts

AAXA has helped thousands of self employed borrowers with their home financing needs. Give AAXA a call today to see find out abvout our lenders great rates and programs.