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Did you know that there were two types of Stated Loans programs, SISA & NINA?

Did you know that a stated income loan is a mortgage where the lender does not verify the borrower’s income by looking at their pay stubs, W-2
(employee income) forms, income tax returns, or other records. Instead,
borrowers are simply asked to state their income, and taken at their
word?

Did you know that Stated income loans were originated by Ameriquest?[2]

Did you know that there were two types of Stated Loans programs, SISA & NINA?

Did you know that one type of Stated Loan is SISA?

Did you know that SISA meant Stated Income Stated Asset?

Did you know that NINA means No Income No Asset?

Did you know that a SISA Loan program was used with when the husband had average credit and the wife had good credit?

Did you know that NINA intended for self-employed borrowers, or
other borrowers who might have difficulty documenting their income?

Did you know that Stated Loans are simple targets for fraud.[3]

 Did you know that U.S. Senator Chuck Schumer is currently leading an effort to restrict stated income loans;[5]
his Borrower’s Protection Act of 2007 would essentially forbid them?

Did you know that Stated Loans qualification requirements are based on stable employment, good
reserves, good FICO and no less than 40% equity position in the
property?

Did you know that Stated Loans loan availability changes state to state?

 Now if you didn’t know, now you know…

To see more did you know that trivia click here


Did you know that Set To Go Loans helped Friendship Progressive Baptist Church Close there loan to purchase a church?

Did you know that Set To Go Loans helped Friendship Progressive Baptist Church Close there loan to purchase a church?

Did you know that Friendship Progressive Baptist Church was considered a start up church because there doors were opened for just 2 years?

Did you know that if a church has less than 3 years of financial that it is almost impossible to find a lender who will be willing to lend to them/.

Did you know that you can read the article about Set To Go Loans at this link? http://settogoloans.com

/loans-closed.html

Did you know that Set To Go Loans have been open since 2007?

Did you know that if you have been turned down for residential or commercial loans, Set To Go Loans can help?

 Now if you didn’t know, now you know…

To see more did you know that trivia click here


103 person got busted August 5, 2014

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30 person got busted August 3, 2014

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24 person got busted August 2, 2014

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54 person got busted August 1, 2014

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40 people got busted July 31, 2014

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94 people got busted July 30, 2014

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54 people got busted July 29, 2014

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70 people got busted July 2, 2014

To See more of Who Got Busted In Memphis click here.


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