Are there First Time Home Buyer Programs for buyers that have to do stated income?
Wednesday, May 12th, 2010 at
4:15 am
My wife and I live in California and have to do a stated income loan because we both work for tips for a living. We both have credit scores above 750. Our loan officer said that first time home buyer programs are only for buyers that go full doc. Does anybody know of any local or federal government grants or buyer programs for stated income first time home buyers?
Tagged with: credit scores • federal government grants • first time home • first time home buyer • first time home buyer programs • first time home buyers • home buyer programs • income loan • loan officer • time home buyer • time home buyers
Filed under: First Time Home Buyer Loans and Grants
You can go Full Doc as long as you can show you have been depositing those tips constantly. You would need verify with 1 year of bank statements and 2 years of tax returns. Credit Scores are great and would help you purchase a home. Yes, you can get a first time home buyers program being in a tip wage earner position. Need Help! Ask. Happy Living!