Stated Income Stated Assets

This loan is for the very qualified borrower. This is not Hard Money. This is Private Money so the rates are very reasonable.

70% LTV on the first lien. 80% CLTV allowed with outside second

Name
Invalid Input

Email
Invalid Input

Phone
Invalid Input

Comments
Invalid Input

Purpose:

Purchase, Rate & Term Refinance and Cash Out refinance

Loan Amounts:

$100,000 minimum

$1,000,000 maximum

Credit Scores:

700 minimum

LTV:

70% maximum financing

Property Types:

SFR

Condos

2-4 units

Occupancies:

Non-owner Occupied / Investment

Stated Income also available on Primary / Owner Occupied homes

Terms:

3 and 5 year ARM's

30-year amortization

Payment Cap at Prime + 4% after fixed portion of the term

Call for other amortization options

Prepayment pricing options available 

Tax and Insurance Impounds required

First-time buyer - reduce maximum LTV 5%

States:

California, Arizona, Florida, North Carolina, Nevada, New York, Oklahoma

 

All articles on this Website are for informational purposes only. This Website refers all registrants to licensed Mortgage Brokers/Lenders that perform acts for which a real estate license is required.