Released on: November 21, 2007, 9:02 pm

Press Release Author: Brett Bayless

Industry: Real Estate

Press Release Summary: Tips and information for optaining a low rate California
Mortgage without providing income verification.

Press Release Body: There are many borrowers that can\'t qualify with traditional
qualifying income and debt ratios. What are they to do?

We have a great loan product that allows a borrower to state the income on the loan
application. This is a great product for those self employed people that write off
everything on there taxes. Many times you can be a W2 employee or retired on fix
income for these types of programs-check with your lender.

These loans are not only great for refinances but also when trying to a little
larger priced home then what you would normally qualify under a traditional mortgage
loan.

The income stated does have to make sense in the eyes of the underwriter and
borrower usually needs to proof they have either been employed in the same
profession for the last two years. Self Employed borrowers will have to show proof
of a business license or maybe a 411 listed CPA-licensed tax preparer letter stating
with no disclosure of income that they have been filing self employed tax returns
for over two years. Some times it is possible to use other documentation also.
Your lender will be able to supply a list of items that you will need to gather to
present to the underwriter.

We are mortgage experts for these types. Apply at www.PonyExpressLoans.com or call
one of our friendly Loan Rangers.



Web Site: http://ponyexpressloans.com

Contact Details: Brett Bayless
12241 Industrial Blvd, Ste 103
Victorville, CA 92395
(760) 955-0022