Jumbo Stated Income Loans
We offer jumbo stated income loans up to 80% LTV. You must have at least a 620 credit score. The minimum loan size has to be at least $726,200. We can lend up to $10,000,000. These loans are only for someone who is self-employed. We offer Fixed and adjustable rates on these programs. Rates start in the lower 6’s. This program is for single family homes, town-homes, condos & 2-4 units. For a single family home we can go up to 10 acres of land.
Borrower must have their own funds. Cash, cash equivalent securities and other readily marketable securities may be used as verified liquidity.
These programs need a minimum of 3 months of reserves.