If you are applying for a mortgage with another person, one full income verification and one stated income, do you go stated or full?It used to be you could go stated with two borrowers, even if one borrower was salaried and one was self employed.More than likely the self employed borrower wanted to go stated, so we went stated with both.Now, you are required to go stated with the self employed borrower, but provide full doc with the salaried borrower.The numbers still need to make sense, need good credit and the CLTV over 80% will be getting harder to do.

-dalesiegel