Stated Income Loans are Still Available!

Are you self employed and tired of having to dig out your complex tax returns only to have an underwriter at a bank just pick them apart?

If you have a substantial down payment a Stated Income loan is still available!

The stated income program is available on Residential property: single family 2-4 unitsĀ  in certain Southern California counties. Call for specific counties.

A significant Down Payment is required. Loan amounts up to $3,000,000 are available

Program is a 3/1 or 5/1 ARM; Interest only options are available

Program Details

-Minimum loan amount is $300,000

-No limit to amount of properties owned

-Credit Profiles must be excellent

- The program will not work for anyone in the housing/building/lending industries or many of the ancillary jobs related to it.

- Borrower must have assets consistent with the stated income.

-No Brokers Please

What does it take to qualify for a Stated Income Loan?

lstathakis@pcmort.com

619-252-7588 direct

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