| Case scenario: Would you lend on overstated income?
i have a few potential clients with FICO's at 640-799 with NO JOBS. we plan to partner up with these clients to purchase our investment deal for rehabbing and resale.
i dont want to use these clients for stated loans because i dont want them overstating their income that doesnt even exist. can you really get these people a loan with "no doc, no asset, no job" loan? id like to learn how to do this ethically and legally.
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