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For Sale By Owner - FSBO Multiple Listing Service

Liar Mortgage Loans 

This is the nickname for the stated income, no doc loan. You only need to provide the lender with your name and the property address. There is no requirement that you prove your income claims, thus it is called the liar’s loan. This loan is offered by a surprising number of lenders, but interest rates are a bit higher than normal as you might imagine.

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