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Home >> Stock Forums >> Needed guidance in respect of loans

Needed guidance in respect of loans

janvi.jikla said: "I’ve got great credit, but every lender I talk to tells me that I don’t have enough income to qualify for a loan. I’ve asked about “stated income” loans, but they tell me investor stated income loans are so expensive it doesn’t make sense to use them. There have always been no money down “gurus” out there that claim they can do no credit, no down deals. Does anyone know if this is really possible and are there any good “free” resources for this information?"

Heather said: "I always tend to doubt that 'gurus' can do much for me. If the banks are saying that you're income isn't high enough, they probably have a point. Can you increase your income or your savings for a down payment?"