Do you remember the day? 

• 100% stated income/stated assets non-owner occupied loan
• 90% No Documentation Loan
• 75% We don't care Loan

Back to reality -

• 100% USDA Rural Housing Loan - property and income must qualify.
• 97% FHA Loan - Borrower contributes at least 3% (can be a gift)
• 80% Stated Income loan - Borrower should really be self-employed and have a good reason that they can't document their income.  (not just their accountant shows too much depreciation)

The purpose of this post is to say that as long as you are doing a good interview with your customer.  You can usually find a product that works for them.  Now, it just has to make sense.  If someone needs to state their income, it should be because they make a lot of money and therefore have a lot of money for a downpayment.

As for the 100% USDA Rural Housing Loan, I would like to provide you with a link to check and see if you or your property qualify.  Please let me know if you have any questions...God Bless...Jason

http://www.jasonmroebuck.com/FirstTimeHome

You can click on the rural housing eligibility link in the 100% financing mortgage loans section at the bottom of the page.