Posted on: 03rd Jun, 2009 05:09 pm
Self employed here. Have plenty of "business profit". Cannot prove enough "take home". 650^ scores. Low debt/income.
Have 3 + months reserves.
Have 3 + months reserves.
Matthew,
It is hard enough finding a stated income product with a 90% LTV. Add in scores under 700 plus only 3 months reserves and you are asking for something that is nearly impossible.
It is hard enough finding a stated income product with a 90% LTV. Add in scores under 700 plus only 3 months reserves and you are asking for something that is nearly impossible.
How about using some sort of business line of credit to come up with most of the costs and try to take a personal mortgage out for the rest...
Does your business have good credit and been established for a long time now?
Does your business have good credit and been established for a long time now?
share more info. right now it seems impossible