It’s interesting how people online search for stated or no doc jumbo mortgages. While both jumbo loan programs are similar, there are some differences. Our program is as close to a no doc jumbo loan program as you get since the only document required is a bank statement proving that you have the down payment. Stated income jumbo loans (not what we offer) can actually have numerous documents including credit report, multiple bank statements, a balance sheet and even proof of self employment. So don’t make the mistake many people make and assume these programs are essentially the same. They are not.
September 7, 2009
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Comment by home equity loan calculator — August 19, 2010 @ 11:17 am