Do mortgage companies still do stated loans?

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Does anyone work for a mortgage company? Can you tell me if you still do “stated” type loans in NJ?Thanks 🙂

  1. Reply
    May 2, 2011 at 12:20 am

    Yes, they can be done.

    My husband and I just got one and are closing in two days. Just shop around for different lenders.

  2. Reply
    too l
    May 2, 2011 at 12:36 am

    they still have Stated income, No Doc loans and no Raito’s, the max is about 90% LTV.

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