When you are analyzing a residential loan, you can determine program eligibility
once you know the loan amount and loan to value (LTV), know your borrowers credit,
know the income of your borrower to calculate their debt to income ratio (DTI),
and accurately profile them for the most suitable loan product.
State Income Loans and Commercial Loans at www.statedcommercialloans.com
On a full doc commercial loan both the borrower’s financials and the property
financials are being analyzed. The borrower is expected to have an acceptable DTI
and the property is expected to have an acceptable debt service coverage ratio (DSCR).
If you were to submit the deal under a stated income stated asset (SISA), or
no income no asset (NINA), program, it simp View the rest of this article
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