Where can I find a private lender who still handles stated income mortgage loans in Maryland?

Asked by Maryhealy, Bethesda, MD Mon Aug 29, 2011

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Your Solar R…, Agent, Silver Spring, MD
Sat Feb 9, 2013
You will have to contact a home mortgage consultant at HSBC



FAIRWAY INDEPENDENT MORTGAGE CORPORATION
202-573-6035
http://www.fairwayboston.com
Contact: Catherine Purcell
catherinep@fairwaymc.com
0 votes
brent mendel…, Mortgage Broker Or Lender, Bethesda, MD
Mon Aug 29, 2011
Mary,

Please call me to discuss. 240-403-1970. There are two options I know of for people that can't document.income. I want to counsel you on the risks associated with such loans. We can't be of help but as I said I know two options that might be.
Thanks,
Brent
0 votes
Jessica Hood…, Agent, Gambrills, MD
Mon Aug 29, 2011
Hi Mary,

There are no more stated income programs through traditional lenders. You might try searching for private investors on-line, however if you do not have documentable income it probably isn't the right time to buy.
0 votes
Brant Millham, , Maryland
Mon Aug 29, 2011
Stated income loans are no longer legal in the state of Maryland. However there are some options out there that may help. There are some programs out there that will use assets to compensate for lack of being able to document income. We are a direct lender as well as have the ability to broker to almost anyone. If you would like some information give me a call and we can discuss. 443-794-0331
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