This is a press release submitted to Vegas INC. It has not been verified or edited by Vegas INC.
Press Release
Zero-Down and Stated Income Home Loans are Back in Las Vegas
Advertisement
Stated Income loans are also now easily accessible through a variety of lenders which allows self-employed individuals and freelancers to be able to qualify for a mortgage that they wouldn’t have otherwise been able to obtain, when they do not have the typical types of ways to provide proof of their income.
Jared Jones believes that this has the potential to greatly effect the Las Vegas real estate market as many potential homeowners have written off the idea of purchasing their dream home because they don’t have enough for a down payment or don’t think that they can qualified because they are self-employed and their income is tough to prove.
While new lending rules went into effect earlier this month, perhaps the biggest thing about the rules is what was not stated. There is no credit score requirement, nor a minimum down payment amount. Now no and low-down payment options exist which is a huge deal for the Las Vegas housing market and other markets across the United States.
To discuss a potential home purchase in Southern Nevada, please call Jared directly at 702-496-5000. Not ready to call? Get a Free Report called “Vegas Zero Down Homes”, which will share exactly how to qualify for a Zero Down Home, and how the program can benefit you.
ABOUT JARED JONES
Jared Jones has been the #1 selling real estate agent by volume in Nevada since 2010. He is the CEO of Horizon Realty with locations in Las Vegas and Henderson, Nevada. For those who want to do a bit more research, visit http://www.JaredJonesRE.com.