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Stated Income Loan Programs
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Tax Returns versus Stated Income!
Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.
James Damore, the Google engineer who was fired after he wrote an explosive memo on diversity, has retained an attorney.
Ferrari unveils new 200 mph convertible
– rss.cnn.com
Ferrari has released photos of the new convertible model it will unveil at the Frankfurt Motor Show next month. The V8-powered Ferrari Portofino will replace the California T, Ferrari’s entry-level model.
The U.S. government won’t try to stop Amazon’s $13.7 billion takeover of Whole Foods, a deal that has massive implications for both e-commerce and how we shop for food.
Many newspaper front pages on Wednesday featured a photo of President Trump with headlines that mentioned him by name. They touched on themes from his blustery speech at a rally in Phoenix, Arizona.
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