jumbo stated income: Super Jumbo Stated Income Mortgage Loans - NJ NY CT FL
- 05/10/10 01:06 PM
Super Jumbo Stated Income Mortgage Loan Programs may be available to you depending upon your scenario.
I am now working with a lender who will originate Super Jumbo Stated Income Mortgage Loans in NJ NY CT and FL. The program is available as an ARM product only ranging from a 3/1 ARM all the way up to a 10/1 ARM. The program is also available with the interest only feature.
The LTV requirement is 70%
Depending upon the product, the lender may also require a 10% deposit with them.
The rates are excellent and this may be a great time to … (0 comments)
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jumbo stated income: Jumbo Stated Income Mortgage Loans Are Available
- 03/14/10 01:43 AM
Jumbo Stated Income Mortgage Loans are available in NJ NY CT PA and other states.
In many areas of the country, there are self employed borrowers with expensive homes who cannot document their income. Usually, the problem is that they take so many deductions that the net income is either too low or is showing a loss. Stated Income Jumbo mortgage loan amounts up to $3 million or more are often needed but those programs are difficult to find with the stated income feature.
If you are a business owner who has difficulty documenting your income, there may be hope for you. You will … (2 comments)
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Super Jumbo Stated Income Mortgage Loan Programs may be available to you depending upon your scenario.
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