Ok, I think it's safe to say that all of us know that Stated Income programs are about as easy to get as a french supermodel. (Easy Johnny Depp)
But, to add a little glitter on the pomade are the Mortgage insurance companies who are crushing loans that institutions will allow. So, we try to get a little creative maybe a seller carryback of 10%? Nope must be an insitution second.
Ok I'll take that. OOPS! Sorry we don't do seconds behind Stated loans................WOOOOOOOOOW!
While the government try's to take necessary action for some relif, I URGE YOU PLEASE........Take a look at the M.I. companies that refuse to back our loans, its more important than almost anyone can imagine.
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