Re: Looking for No Doc/Stated Income mortgage for OH
08-26-2009 12:58 PM
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.
* Lending across the entire 'Great State of Texas' (and now Louisiana)since 2004