No Income Verification Loan Requirements

For Non Owner Occupied Properties: Go to Softer Hard Money

Stated Income Jumbo Loan Requirements

Loan Types: 5/1 ARM and 7/1 ARM

Minimum Credit Score: 700

Loan to Value:

  • 70% to  Loan Amounts up to $1,000,000
  • 60% on Loan Amounts above $1,000,000

Reserve Requirements:

  • Loan amount <= $650,000, minimum liquidity = $100,000
  • Loan amount > $650,000 to $1,000,000, minimum liquidity = $250,000
  • Loan amount > $1,000,000 to $1,500,000, minimum liquidity = $500,000
  • Loan amount > $1,500,000, minimum liquidity = $1,000,000 Cash equivalent securities / readily marketable securities may be used as verified liquidity Funds in a retirement account will not be included as verified liquidity
Self-Employment Requirements:Must have been self-employed for a minimum of 2 years in same line of business

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