Jeez, what do I have to do to get such great recommendations from the agents on here?? Great job, agents!!! Love us lenders!!! haha... OK, anyways...
Stated income doesn't exist anymore, but I would ask who was advising you of the requirements for stated income? I dont want to just say "Stated income doesnt exist" and leave it at that, because I would have to analyze your situation and get a TRUE understanding of where you are currently.
Some people have misconceptions based on false information. For instance, some people think BECAUSE they are self employed, they are not qualified. That is not true, it is just a different calculation of income.
So, I would want to talk to you about your current situation. You might find out that you are saying "stated income" when you mean something else, or actually qualify now. HOWEVER, even if you dont, I would not give up on you, but put a plan in place so that 5 months or 5 years from now, you can buy.
What you need is to understand what it takes, so that you can put a plan in place. If you would like help with that, and I am here to help in any way that I can. (And my willingness to help is NOT contingent on a commission check...)