We NOW have a REDUCED Doc Jumbo Arm for Self Employed individuals!!!
Some of the requirements that jumped at me –
- Self Employed Stated Income ONLY – to be validated by documentation in the file to be determined as reasonable – i.e.: average monthly deposits should support income levels or other documentation provided
- Need 3 months bank statements for both personal and business accounts
- Self Employed ONLY
- Minimum of two open and active trade lines with a min 24-month history
- See the liquidity section – based on loan size
- Qualify as you would expect at the greater of the note rate or the fully indexed rate **Max 33/43 ratios
Thank you for your business and if you want more information about our reduced documentation program, contact us TODAY.