Zillow Advice: Home Buying - are stated income loans available still and for what ltv? http://www.zillow.com/advice-thread/are-stated-income-loans-available-still-and-for-what-ltv/181562/ Zillow Advice | Zillow Real Estate 80% ltv..is to high to get ... http://www.zillow.com/advice-thread/are-stated-income-loans-available-still-and-for-what-ltv/181562/ 80% ltv..is to high to get a stated income loan. Thu, 19 Feb 2009 00:51:00 GMT http://www.zillow.com/advice-thread/are-stated-income-loans-available-still-and-for-what-ltv/181562/ 2009-02-19T00:51:00Z Depending on what state you ... http://www.zillow.com/advice-thread/are-stated-income-loans-available-still-and-for-what-ltv/181562/ Depending on what state you are in will dictate whether or not you have stated income <a href="http://www.zillow.com/mortgage/">loans</a> available to you.&nbsp; In MN, it is absolutely against the law.&nbsp; Regarding your second question, the answer is no.&nbsp; In <a href="http://www.zillow.com/mortgage/">mortgage</a> financing, the <a href="http://www.zillow.com/mortgage/">loan</a> structure is based off the lower of the appraised value or purchase price.&nbsp; You would just chalk it up as getting a very good deal...with equity right from the get go, but you will still need to come up with a down payment.&nbsp; Best Wishes to you! Sat, 27 Dec 2008 06:33:00 GMT http://www.zillow.com/advice-thread/are-stated-income-loans-available-still-and-for-what-ltv/181562/ 2008-12-27T06:33:00Z