See the email I just received from my mortgage broker below...
I can now do "stated income" loans.
Here are the primary guidelines:
Loan amount must be between 418,000 and 1,500,000.
Borrower must be self-employed.
40% down required.
Great rates.
I know the down payment can be tough, but at least we have this product back. This is a sign of good things to come!!!
Thank you,
Sean Maley
Sr. Loan Consultant
Guarantee Mortgage Services
2257F Larkspur Landing Circle
Larkspur, CA 94939
DRE #01057229
CA Dept. of Real Estate, Real Estate Broker License #01370741.
(415) 845-9700 Cell
(415) 634-2988 Fax

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