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Real Stated Income for California Borrowers
Wage Earner and Self Employed
Pre Qualification Form
NO Tax Returns Required
NO 4506T form at any time, at Origination or Closing
table
No W2's or 1099's Required
Purpose
Purchase, Rate and Term Refinance and Cash Out
Refinance Available
Cash out Refinance available to a maximum cash out
amount of $500,000 - (requires 740 Credit Score)
Occupancy
Owner Occupied
Non Owner Occupied (Investment )
2nd Home (Vacation Home)
700 FICO Credit Score required, no exceptions
Credit Resolution/Repair Form
This program is for the Wage Earner or the Self
Employed Stated Income borrower
60% Maximum Financing LTV
Minimum Loan Amount - $100,000
Maximum Loan Amount - $1,500,000
Terms available
5 year ARM
7 year ARM
15 Year fixed |