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Stated Income Loans in Florida?

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Paul62

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Post Posted: Mon Apr 19, 2010 9:02 am    Post subject: Stated Income Loans in Florida?
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I am purchasing a home for $400,000. I can pay cash, but would rather have a small 1st mortgage of $100,000. Credit score is in the $800's.

Does anyone know of a lender who does stated income loans?

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jenkin7




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Post Posted: Mon Apr 19, 2010 11:57 pm    Post subject:
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Hi Paul,

You have excellent credit scores. The fact that you will be putting down a good amount of money towards the purchase will also work in your favor when you apply for a new mortgage. However, not many lenders do stated income loans in this market and only some lenders in certain areas still offer such loans . You can contact some of the local lenders and go for a no-obligation free mortgage consultation with the lenders in this community to find out if any of them can help you with the loan.
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