curious123
Jun 19 2006, 04:30 PM
does anyone know what credit score is needed for stated income? how much do they lend under stated income?
Evergreen
Jun 20 2006, 01:14 PM
The Stated Income part is not the issue, it's your credit scores. The higher the scores, the higher the loan to value ( LTV ) a lender will go. Here is an example;
credit scores of 680+ = 90%
credit scores of 640+ = 80%
credit scores of 600+ = 70%
credit scores of 580+ = 65%