Established Member
Posts: 7,406
Registered: ‎07-03-2007
Re: Looking for No Doc/Stated Income mortgage for OH

were these one time capital expenditures? not likely to re-occur? Like opened a new office, ect.

 

you may get some slack from u/w

 

how short are you on the income?

 

if you need to show $8000/month but claimed $1000/month then that is a stretch..... but I have seen u/w look at income with 'makes sense' eyes.

 

* While I try to visit the forum often, please feel free to contact me directly with a link to your post if I fail to answer a follow up question.

* Lending across the entire 'Great State of Texas' (and now Louisiana)since 2004

* The Loan Officer who you can call anytime... and answers your questions Nights & Weekends