Income is NOT reported & NOT stated -
must be blank on application
Employment is required (position stated) and will be verified
Assets must be stated and will be verified
One closing only - save on closing costs.
Minimum 660 credit score = 90% LTV
Up to 95% LTV
with minimum 700 credit score
investment property (Primary & second home only)
Use your equity in lot in lieu of cash down payment
Jumbo loan available for this construction program
Salaried: Two years employment same line of work
Self-Employed: Owned business/ received income for two years -
Verification of business through a third party is required, i.e. business
license, CPA's letter, confirmation of a phone directory listing.