Our credit scores are 630 ish. We will need financing for a primary residence and another to rehab which we understand and plan to rehab rather quickly.
Please explain the different requirements for stated or full doc?
We are non US citizens. Canadians citizens does that make a big issue?
What amount of down payment would be acceptable for not having to show docs?
We would prefer not to have to show income verification due to the fact our tax returns are Canadian returns. We will have money for a down payment but would prefer to put the minimum. For the rehab what amount of down payment are we looking at?
What about them checking our credit score as we use the same 3 credit reporting agencies as the US but we have no US credit as of yet.