How Much You Can Borrow
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Listed below are guidelines for maximum loan amounts for
owner-occupied, 1 unit, purchase transactions. Please contact me for
maximum loan amounts on other transactions.
If you need to borrow more than these guidelines stated, you may
want to consider asking for an exception.
owner-occupied, 1 unit, purchase transactions. Please contact me for
maximum loan amounts on other transactions.
If you need to borrow more than these guidelines stated, you may
want to consider asking for an exception.
*Glossary:
Full Doc: Client provides W-2 forms, pay
stubs, and/or tax returns, as applicable.
Stated Income, Verified Assets: Client states
his employment and income on the application,
but does not provide any income
documentation. Assets are stated and verified.
Stated Income Stated Assets: Employment
and income stated as above, assets stated but
not verified.
Full Doc: Client provides W-2 forms, pay
stubs, and/or tax returns, as applicable.
Stated Income, Verified Assets: Client states
his employment and income on the application,
but does not provide any income
documentation. Assets are stated and verified.
Stated Income Stated Assets: Employment
and income stated as above, assets stated but
not verified.
Max Loan Amount
Stated Income Stated Income
Full Doc Verified Assets Stated Assets
Sale Price
$1,000,000 $1,000,000 $1,000,000 $1,000,000
$1,250,000 $1,250,000 $1,250,000 $1,200,000
$1,500,000 $1,500,000 $1,425,000 $1,300,000
$1,750,000 $1,662,50 $1,400,000 $1,400,000
$2,000,000 $2,000,000 $1,900,000 $1,600,000
$2,250,000 $2,100,000 $2,025,000 $1,800,000
$2,500,000 $2,250,000 $2,250,000 $2,000,000
$2,750,000 $2,425,000 $2,400,000 $2,200,000
$3,000,000 $2,600,000 $2,400,000 $2,400,000
$3,250,000 $2,775,000 $2,600,000 $2,512,500
$3,500,000 $2,950,000 $2,800,000 $2,675,000
$3,750,000 $3,125,000 $3,000,000 $2,837,500
$4,000,000 $3,300,000 $3,200,000 $3,000,000
$4,250,000 $3,475,000 $3,400,000 $3,162,500
$4,500,000 $3,650,000 $3,500,000 $3,325,000
$4,750,000 $3,825,000 $3,587,500 $3,487,500
$5,000,000 $4,000,000 $3,750,000 $3,650,000
$5,500,000 $4,350,000 $4,075,000 $3,975,000
$6,000,000 $4,500,000 $4,400,000 $4,300,000
$6,500,000 $4,500,000 $4,500,000 $4,400,000
$7,000,000 $4,700,000 $4,700,000 $4,400,000
$8,000,000 $5,300,000 $5,300,000 $4,400,000
$9,000,000 $5,900,000 $5,900,000 $4,400,000
$10,000,000 $6,500,000 $6,500,000 $4,400,000
Stated Income Stated Income
Full Doc Verified Assets Stated Assets
Sale Price
$1,000,000 $1,000,000 $1,000,000 $1,000,000
$1,250,000 $1,250,000 $1,250,000 $1,200,000
$1,500,000 $1,500,000 $1,425,000 $1,300,000
$1,750,000 $1,662,50 $1,400,000 $1,400,000
$2,000,000 $2,000,000 $1,900,000 $1,600,000
$2,250,000 $2,100,000 $2,025,000 $1,800,000
$2,500,000 $2,250,000 $2,250,000 $2,000,000
$2,750,000 $2,425,000 $2,400,000 $2,200,000
$3,000,000 $2,600,000 $2,400,000 $2,400,000
$3,250,000 $2,775,000 $2,600,000 $2,512,500
$3,500,000 $2,950,000 $2,800,000 $2,675,000
$3,750,000 $3,125,000 $3,000,000 $2,837,500
$4,000,000 $3,300,000 $3,200,000 $3,000,000
$4,250,000 $3,475,000 $3,400,000 $3,162,500
$4,500,000 $3,650,000 $3,500,000 $3,325,000
$4,750,000 $3,825,000 $3,587,500 $3,487,500
$5,000,000 $4,000,000 $3,750,000 $3,650,000
$5,500,000 $4,350,000 $4,075,000 $3,975,000
$6,000,000 $4,500,000 $4,400,000 $4,300,000
$6,500,000 $4,500,000 $4,500,000 $4,400,000
$7,000,000 $4,700,000 $4,700,000 $4,400,000
$8,000,000 $5,300,000 $5,300,000 $4,400,000
$9,000,000 $5,900,000 $5,900,000 $4,400,000
$10,000,000 $6,500,000 $6,500,000 $4,400,000
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