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Stated Income Options Available
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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.
Jeep to reveal 707-horsepower SUV
– rss.cnn.com
Most Jeep Grand Cherokee SUVs never go off-road. Even fewer of them go to the racetrack. But now they can, with the introduction of the new 707-horsepower Jeep Grand Cherokee Trackhawk, set to be be unveiled at the New York Auto Show this week.
New York just OK'd tuition-free college for middle class
– rss.cnn.com
New York just became the first state in the nation to make tuition free for middle class students at both two- and four-year public colleges.
Read full story for latest details.
Fox News’ parent company, 21st Century Fox, will open an investigation into sexual harassment claims against Bill O’Reilly, an attorney who represents one of his accusers said Sunday.
Indian police arrest alleged ringleader of IRS scam
– rss.cnn.com
Police in India have arrested a man they say was the ringleader of a network of call centers that allegedly swindled thousands of Americans out of millions of dollars.