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Who here has purchased a house with a "stated" mortgage?
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07-18-2004, 06:00 PM
Wilbo
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Join Date: Mar 2001
Location: Baltimore
Posts: 2,082
I've bought 2 houses and gotten 2 houses refinanced with stated income loans...........no problems, the rate is just a 1/4 or so point higher.
Wilbo
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