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Stated Income Loans in California | Stated Income Mortgage | SIVA

Stated Income Loans in California | Stated Income Mortgage | SIVA


LENDERLINE® is currently offering stated income verified asset investor mortgages, under the following guidelines:

  • Property must be located in the State of California.
  • Income is stated but not verified (see underwriting guidelines).
  • Wage earners or self-employed borrowers allowed.
  • Verbal verification of employment with no reference to income required for wage earners.
  • Current plus past 2 years’ business or professional license required for self-employed.
  • CPA letter may be used to verify self-employment in lieu of business or professional license.
  • No paycheck stubs.
  • No W2s.
  • No tax returns.
  • No 4506-T.
  • Up to 75% loan-to-value (see underwriting guidelines).
  • US citizens and US permanent residents allowed.
  • Foreign national allowed to a maximum of 70% loan-to-value.
  • Credit scores as low as 500 allowed.
  • $100,000 minimum loan amount.
  • $5,000,000 maximum loan amount.
  • Non-owner-occupied or business purpose properties only.
  • Primary residence or second homes are not allowed on this program.
  • Purchase, rate and term, or cash-out refinance.
  • SFR, PUDs, condos, townhouses, and 2-4 unit properties.
  • For sale by owner transactions are not allowed.
  • Maximum debt-to-income ratio is 50%.
  • No reserves required.
  • Gift funds allowed for down payment and closing costs.
  • Impounding of property taxes and hazard insurance is required.
  • Available only as a 5/1 ARM or 7/1 ARM, with a term of 30 years.
  • All loans require impounding of property taxes and hazard insurance.
  • Interest-only option available (see underwriting guidelines and pricing adjustment).
  • No prepayment penalty.

To download underwriting guidelines
for our stated income verified asset
loans up to 75% LTV:

To download a loan application
for our stated income verified asset
loans up to 75% LTV:

LENDERLINE® is your stated income verified asset lender of choice. We offer stated income loans in California. Get a stated income mortgage, also known as a SIVA loan, today.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.


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