 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
How Much You Can Borrow
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.
Max Loan Amount
Stated Income Stated Income
Full Doc Verified Assets Stated Assets No Doc
Sale Price
$1,000,000
$1,250,000
$1,500,000
$1,750,000 8/17/06 These amounts are being revised and will be
posted when available.
Stated Income Stated Income
Full Doc Verified Assets Stated Assets No Doc
Sale Price
$1,000,000
$1,250,000
$1,500,000
$1,750,000 8/17/06 These amounts are being revised and will be
posted when available.
*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.
No Doc: Employment is not disclosed, Income is
not disclosed, and assets are not disclosed on
the application.
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.
No Doc: Employment is not disclosed, Income is
not disclosed, and assets are not disclosed on
the application.
This site and all of its contents © 2005 milliondollarhomeloans.com All rights reserved.
Construction Loans
Purchase
 | |  | |  | |  |
Re-Finance
This page
requires
JavaScript to
display
properly.
requires
JavaScript to
display
properly.
This page
requires
JavaScript to
display
properly.
requires
JavaScript to
display
properly.