Stated Investor Loan Requirements

A stated income investment loan allows rental property investors to qualify based on the property's income rather than personal tax returns. Rental Home Financing offers stated investor programs for 1-4 unit residential rental properties with a minimum 650 FICO score, up to 80% LTV, and 30-year amortization.

Apply Online 888-375-7977

A stated income investment loan allows rental property investors to qualify based on the property's income rather than personal tax returns. Rental Home Financing offers stated investor programs for 1-4 unit residential rental properties with a minimum 650 FICO score, up to 80% LTV, and 30-year amortization terms available nationwide.

Stated Residential Investor Loan Requirements: 1-4 Unit Properties

Our stated investor program is designed for income-producing rental properties. We do not require borrower tax returns to conform to a global underwrite. Instead, we evaluate the property's cash flow, appraised value, and the borrower's credit profile. What are the basic requirements for a stated income investment loan? Here is what you need to know:

Eligible Property Types

• Single-family rental homes
• Duplexes (2 units), triplexes (3 units), and fourplexes (4 units) - free standing or attached
• Condominiums and townhomes used as rentals
• Blanket mortgage funding available for multifamily apartment properties

Loan Guidelines at a Glance

• Credit Score: Minimum 650 FICO (middle score)
• Maximum LTV: 80% loan-to-value (75% for cash-out refinance)
• Amortization: 30-year full amortization
• Rate Options: 3/30, 5/30, 7/30, 10/30, and 30/30 fixed rate terms
• Income Verification: Stated income only. No personal debt-to-income ratios. No global underwrite.
• Tax Returns: Not required
• W-2s: Not required
• Appraisal: National appraiser service, typically $450-$875 per door
• Origination: 1-2% lender origination points
• Escrow: Property tax and insurance impounds required
• Gift Allowance: Up to 2% of total loan amount
• First-Time Investors: Eligible
• Bankruptcy: 2-year discharge with rebuilt credit accepted
• Rehab/Construction: No rehabilitation or construction costs financed; completed properties only

No personal tax returns, W-2s, or employment verification required to qualify

Prepayment Terms

Prepayment penalties follow a declining step-down schedule. Five-year option: 5%-4%-3%-2%-1%-0%. Three-year option: 3%-2%-1%-0%. Prepayment buydown options are also available.

Where Are Stated Income Investment Loans Available?

Rental Home Financing offers stated income mortgage loans for investment properties in most U.S. states. Our stated investor program covers the following regions:

How Do I Get Started with a Stated Income Loan?

The process is straightforward. Complete our online application with basic property information, and one of our loan specialists will contact you to discuss your options. We can typically provide a preliminary quote within 24 hours and move to closing in two to four weeks.

Whether you are purchasing your first rental property or adding to a large portfolio, our stated income program removes the documentation barriers that slow down traditional bank lending. We look at the deal, not your tax returns.