Did someone say "Stated Income?"
We just found this and wanted to share it with all of you the stated income program, which allows loan amounts from $100,000 to $500,000 for LTVs up to 65% on single-family residences, townhomes, 2-4 unit properties, and condos, both warrantable and non-warrantable. In addition, all occupancy types are eligible. For foreign nationals, the funds to close must be verified in USD with a valid banking relationship in the country of origin, and impounds for taxes and insurance are required for all transactions. I'm always here to help.
Source-Mortgage News Daily