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
Purchase, Rate & Term Refinance and Cash Out refinance
70% maximum financing
Non-owner Occupied / Investment
Stated Income also available on Primary / Owner Occupied homes
3 and 5 year ARM's
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%
Arizona, California, Florida, Georgia, Illinois, Indiana, Kanas, Kentucky, Michigan, Missouri, Nebraska, Nevada, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin.