Are there any banks that offer second mortgages to homeowners in California, that are stating their income?

I am a loan officer in California looking for a bank to send a second mortgage too. I am having trouble finding a home for a second mortgage. Here is the scenario:





750 FICO


70% LTV


Stated Income





Please help me find a home for this loan...





THANKS!Are there any banks that offer second mortgages to homeowners in California, that are stating their income?
Ask www.brokeroutpost.com they are awesome!Are there any banks that offer second mortgages to homeowners in California, that are stating their income?
The guy above me is wrong. We do stated loans all day long, but NOT at a 70%LTV on a second mortgage. sorry
Nobody does stated loans anymore. Forge some rental contracts and get some BS bank statements.
why not do a cash out refi with those scores. Is it a primary residence. If it is you might try commerce bank. the loan has to make sense. you cant be a french fry cook and state an income. I am also not sure if they will lend in California