Stated Income Jumbo Loans – Los Angeles

Want to purchase or refinance a property but have income issues? Stated Income Jumbo Loans – Los Angeles Our Portfolio Jumbo Product may be the answer…. Primary Home, 2nd Home & Investment properties all qualify. Buy Your Dream Home with our Dream Loan Product. Stated Income! Product Features • Available for Primary, Second Home & Investment Properties • Available for Purchase, Rate/Term, and Cash‐Out Transactions • Does NOT have to be a business purpose loan • Provides two options for income documentation: Streamline or Stated Income • 7/1 Libor ARM (WSJ) • Fixed for 7 years, adjustable for remaining 23 years • No Balloon feature, No Prepay feature No Paystubs NoTax Returns NoTaxTranscripts (4506T) • 680 minimum Fico • Allows Foreign Income • 30% down up to $1,000,000 loan amount. 40% down up to $2.5mm Best Part……………….rates as low as 4.50%. Unbelievable. Remind me what Stated means again?  • Stated Income means the borrower states their REASONABLE current income in the 1003 (Application). • We verify that their monthly income can be SUPPORTED by the liquid assets pre‐closing. Get Quick Quote