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Stated Income Stated Assets Loan (SISA) - This loan Pimps Up,

features no assets being verified. You only state your income. One cheeky lender went so far as to advertise what it dubbed its loan -- NINJA standing for "No Income, No Job and No Assets.". ninja loan n. A loan or mortgage given to a person who has no income, no job, and no assets. Also: NINJA loan. [From the phrase, No Income, No Job or Assets. NINA mortgages, No-Income No-Asset, do not require loan applicants disclosing the amount of Kathleen Raine their salaries and their cash reserves.. We offer everything from REAL no doc loans with no income, no assets

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