90% Cash Out Jumbo????

[chadblack]

Hello. Lenders, I need some help. Here is my situation:

Owner Occupied

Jumbo (Oklahoma)

Value $850k (est.)

Stated Income, Verifiable Assests, CAN SHOW Bank statements....

Looking for a 90% LTV preferably, will settle for 80%-85%

Is this product still out there???? Help.

[DallasLoanGuy]

Why do you need to go stated income?

[chadblack]

Dallas- Thanks for the response. I can either go stated or bank statments. To you have any lenders that still allow alt documents? I am in the Real Estate game here in Oklahoma and it seems that all of my buddies Alt- A, Niche Jumbo Sub Prime stuff has gone out the window. To answer your question I only show about $70-$80k/yr on tax returns. I have a low DTI currently, just 2 cars, and a couple of small credit cards. I have been in the house for about a year and a half. So I can either to Bank Statements, or if you know a lender that allows Business Returns???? Thanks again for the response.

[DallasLoanGuy]

I will look around.... but I don't know if it exists.

There are several layers of risk here.... stated, jumbo, self employ, cashout.