Are you looking for stated income mortgages with no closing costs? Do you want to know if this is even possible? There are ways to get stated income mortgages and you can even to it without any closing costs if you know what you are doing. Here is what you will need and how to accomplish this.

First, if you do not have at least a 650 credit score, then do not even try to get a stated income mortgage because it will be very difficult for you to find one. To avoid paying closing costs you will probably need to be closer to or above the 700 credit score mark. This would be desirable for most lenders that do stated income mortgage without any closing costs.

Second, you have to shop around. Too many individuals decide to go with the first mortgage that comes along and they do not play the game to get the best rate, fees, and overall mortgage. This is a competitive field that needs your business and is going to bend over backwards to get it. So you need to shop your quote.

Third, You need to get your quotes in writing. Anything that is not in writing is no good to you. If you call up a mortgage company and they give you a quote, then ask them to put it in writing and either fax it or mail it to you with an expiration date. This give you everything you need to go to another company and get a matching or better quote from them. This is how you get stated income mortgages with no closing costs.