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I'm looking to get a Stated income mortgage in NY 800k. Fico score all above 750...
Didn't Dodd-Frank all but get rid of these?
Assuming you're self employed and looking for a property you intend to occupy and not an investment property, I'd think you'd want to look for a non-conforming bank statement loan.
I'll let one of the mortgage specialists in here correct me if I'm wrong.
@APL247 wrote:I'm looking to get a Stated income mortgage in NY 800k. Fico score all above 750...
If this is for your primary residence, the closest thing to stated you'll get is a bank statement loan.
Some investors will do 12 months of bank statements but the norm is 24 months.
Can provide business and personal bank statements. I'm will to do 20% down payment.
I know a bank in midtown that will do this loan.
It exists 100.