I just purchased another house using stated income. The house was considered as high value, over $650,000.00. The only paper work needed was the identity information for homeland security and for me to state what I make annually. No pay stubs, no bank statements, no tax returns needed. Since I have A+ credit and was given an excellent interest rate with 0 (zero) points. You just need to shop around.
If you can get a cell phone (not prepaid), you can buy a house.
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Originally posted by clickhappy
Had a casual conversation with a guy who is a lender and when I told him I do "internet marketing" he made it sound like I would be having a hard time getting approved.
Did you guys have a hard time? (those of you who didnt pay cash lol)
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